E-Trade, Elizabeth Arden, Boingo are market movers

AP News
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Posted: Aug 09, 2012 4:57 PM
E-Trade, Elizabeth Arden, Boingo are market movers

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

NYSE

Magnum Hunter Resources Corp., up 20 cents at $3.98

The Houston-based oil and gas producer said its second-quarter loss narrowed on a jump in oil and gas production and lower costs.

Robbins & Myers Inc., up $12.83 at $59.63

National Oilwell Varco Inc., the oilfield equipment and services firm, said it will buy the oil pump and valve maker for $2.5 billion.

Nasdaq

E-Trade Financial Corp., up 55 cents at $8.57

The online broker ousted its chief executive, just two years into a four-year contract, as it adjusts its business strategy.

Elizabeth Arden Inc., up $5.06 at $44.02

The makeup and skincare company reported better-than-expected fourth-quarter results and gave strong first-quarter guidance.

Boingo Wireless Inc., down $2.23 at $6.77

The provider of Wi-Fi hotspots in airports and other public places posted second-quarter results that missed analyst expectations.

James River Coal Co., up 29 cents at $2.52

The coal miner reported a $25.8 million second-quarter loss, but the results were better than what Wall Street expected.

Monster Beverage Corp., down $6.57 at $61.20

The energy drinks company reported growth in its second quarter, but its results missed Wall Street's expectations.

ViroPharma Inc., up 77 cents at $23.15

The drugmaker reported a second-quarter loss as generic competition for the antibiotic Vancocin hurt the company's revenue.