Sears, Abercrombie, P&G are big movers

AP News
Posted: May 24, 2013 4:48 PM

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


Procter & Gamble Co., up $3.18 at $81.88

The maker of Tide detergent and Crest toothpaste said that it is bringing back its former CEO A.G. Lafley to replace Bob McDonald.

Abercrombie & Fitch Co., down $4.35 at $50.02

The teen retailer posted first-quarter results that missed Wall Street expectations and it released a disappointing outlook.

Aeropostale Inc., down $1.72 at $14.76

The teen apparel retailer reported a first-quarter loss and offered second-quarter guidance that disappointed investors.

The Gap Inc., down 72 cents at $40.64

The retailer's first-quarter profit topped Wall Street's expectations, but its full-year earnings outlook was below expectations. Inc., down $2.44 at $43.25's losses widened during its latest quarter as the company spent more money to expand its online software service.

New York & Co. Inc., up 27 cents at $5.30

The clothing company posted a profit during its fiscal first quarter as it improved its pricing and merchandise selection.

Pandora Media Inc., down 73 cents at $16.43

Shares of the Internet radio company fell, even though it posted higher-than-expected first-quarter revenue and its subscribers doubled.


Sears Holdings Corp., down $7.92 at $50.25

The department-store chain reported a steeper-than-expected loss during its first quarter due to slumping sales.