Legg Mason, Finish Line, Thor are market movers

AP News
Posted: Sep 11, 2012 4:47 PM
Legg Mason, Finish Line, Thor are market movers

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


Legg Mason Inc., up $1.38 at $26.85

The money manager said that is searching for a new CEO. Its chairman and CEO, Mark Fetting, is stepping down next month.

Thor Industries Inc., up $1.08 at $33.75

The camper and bus maker said that it is raising its regular quarterly dividend to 18 cents per share from 15 cents per share.

Sonoco Products Co., down 91 cents at $30.13

Due to operational problems, the packaging materials company cut its current-quarter profit outlook and withdrew its 2012 outlook.


Casey's General Stores Inc., up $2.33 at $57.99

The operator of Midwestern convenience stores reported a profit in the fiscal first-quarter that beat Wall Street expectations.

United Natural Foods Inc., down $5.19 at $55.23

Even though its fourth-quarter net income rose 46 percent, the food distributor's fiscal 2013 guidance was weaker than expected.

Finish Line Inc., up 72 cents at $24.51

Analysts from Citi and Canaccord reiterated their "Buy" ratings on the sneaker retailer's stock, citing higher sales.

First Solar Inc., up $1.01 at $21.80

The company said that Pacific Gas & Electric Co. will purchase electricity from two California solar power plants it is developing.

Cell Therapeutics Inc., up 99 cents at $3.56

The drugmaker said it will begin selling cancer drug pixuvri in Europe. The drug is for patients with non-hodgkin b-cell lymphoma.