Apple, DSW, Signet Jewelers are market movers

AP News
Posted: Sep 13, 2012 6:06 PM
Apple, DSW, Signet Jewelers are market movers

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


Pall Corp., up $4.63 at $62.80

The filtration equipment maker posted better-than-expected fourth-quarter net income and offered a strong 2012 profit outlook.

K12 Inc., up $1.18 at $22.56

The educational software provider said it returned to a profit in its fiscal fourth quarter as enrollment climbed.

Signet Jewelers Ltd., up $1.67 at $49.97

A Citi analyst initiated coverage of the jeweler with a "Buy" rating, saying that he expects the company to continue to grow market share.

DSW Inc., up $1.48 at $65.58

The shoe retailer will pay shareholders a special dividend of $2 per share. Its regular quarterly dividend is 18 cents per share.

Nike Inc., down $1.64 at $99.20

A Citi analyst cut her rating on the athletic shoe and clothing company to "Neutral" from "Buy," saying the stock may have peaked.

Halcon Resources Corp., down 43 cents at $7.15

Shares of the energy producer fell for a second day after it said a shareholder will sell 35 million shares at a big discount.

DST Systems Inc., up $2.81 at $55.21

The financial services software maker said that its CEO retired and will be replaced by its president and chief operating officer.


Apple Inc., up $13.19 at $682.98

Shares of the company rose a day after it unveiled a new version of its iPhone. Analysts expect it to sell millions of the new phone.