DSW, AK Steel, SAIC are Monday movers

AP News
Posted: Jun 18, 2012 5:21 PM
DSW, AK Steel, SAIC are Monday movers

Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:


DSW Inc., down $6.67 at $52.13

The footwear and accessories company provided a fiscal second-quarter earnings forecast that was below Wall Street's expectations.

AK Steel Holding Corp., down 15 cents at $5.17

The West Chester, Ohio-based steel maker projected a profit for the second quarter that was below Wall Street's forecast.

SAIC Inc., down 38 cents at $11.86

The Department of Defense said it was giving a different company a key contract that the technology provider previously had.

Buckeye Technologies Inc., down $2.63 at $26.47

The fiber and woven goods maker announced that it is closing its Florida plant temporarily to deal with a mechanical failure.


Body Central Corp., down $7.77 at $8.22

The women's clothing-store chain cut its second-quarter and full-year earnings and revenue forecasts due to soft sales since April.

Valeant Pharmaceuticals International Inc., up $1.38 at $46.31

Bring Out Your Dead
Gil Gutknecht

A Stifel Nicolaus analyst kept his "Buy" rating on the pharmaceutical company citing its plans to buy an oral health products firm.

Kohlberg Capital Corp., up 42 cents at $6.71

The investment firm's board increased the company's quarterly dividend by 33 percent, citing the benefit of a recent acquisition.

Infinity Pharmaceuticals Inc., down $1.02 at $12.86

The drug developer said it was halting the study of a bone cancer treatment following disappointing results from a mid-stage trial.