ConAgra, Rite Aid, CarMax are market movers

AP News
Posted: Sep 20, 2012 5:15 PM
ConAgra, Rite Aid, CarMax are market movers

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


ConAgra Foods Inc., up $1.59 at $27.24

The food maker, which owns the Banquet and Chef Boyardee brands, said that its fiscal first-quarter profit more than doubled.

CarMax Inc., down $2.01 at $29.96

The used-car dealership chain said that its second-quarter net income was essentially flat as wholesale sales fell and costs rose.

Rite Aid Corp., down 4 cents at $1.27

The drugstore operator narrowed its loss in the fiscal second quarter, but it also cut its revenue guidance for the full year.

Clarcor Inc., down $5.82 at $43.75

The maker of filters for homes, factories and automobiles, said that its third-quarter net income fell 6 percent on lower sales.

Norfolk Southern Corp., down $6.58 at $66.11

The railroad said that its third-quarter earnings will fall well below expectations due to a drop in coal demand and fuel charges.

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Bed Bath & Beyond Inc., down $6.71 at $62.08

The home goods retailer reported a disappointing profit in the second quarter and offered a weak third-quarter forecast.

Herman Miller Inc., down $1.73 at $18.58

The office furniture and accessories maker said that its fiscal first-quarter net income fell 19 percent due to higher costs.

Green Mountain Coffee Roasters Inc., down $2.97 at $27.84

Shares of the company that makes Keurig single-serve coffee brewers fell after coffee chain Starbucks Corp. unveiled its own brewer.