Chipotle, Dole, Xerox are market movers

AP News
Posted: Jul 20, 2012 4:40 PM
Chipotle, Dole, Xerox are market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:


Chipotle Mexican Grill Inc., down $86.88 at $316.98

The restaurant chain said that its net income rose more than 61 percent in the second quarter, but its revenue growth missed expectations.

Dole Food Co. Inc., up $1.32 at $10.15

The fruit and vegetable company said that it is considering a possible sale or a spin-off of its packaged foods business.

ManpowerGroup, down $2.24 at $33.46

Market volatility, particularly in Europe, and a stronger dollar weighed on the staffing company's results in the second quarter.

Advanced Micro Devices Inc., down 64 cents at $4.22

The chipmaker said that a weak global economy dragged down its second-quarter results and hurt its performance through the summer.

Xerox Corp., down 49 cents at $6.70

Due to weak economic conditions, especially in Europe, the technology company said that its second-quarter profit fell 3.1 percent.


E-Trade Financial Corp., down 43 cents at $7.39

The online broker reported a 16 percent decline in second-quarter earnings as investors made far fewer trades than a year ago.

SanDisk Corp., up $3.62 at $38.70

The chipmaker said that its net income fell in the second quarter as the company sold fewer memory chips to mobile device makers.

Rambus Inc., down 92 cents at $4.30

The memory-chip designer said that its net loss in the second quarter widened to $32.2 million on weaker revenue from contracts.