Gap, Container Store, Time Warner make big moves

AP News
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Posted: Jan 08, 2016 5:30 PM

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

NYSE

The Container Store Group Inc., down $2.96 to $4.22

The storage products retailer reported a surprise third-quarter loss and disappointing sales.

Gap Inc., down $3.83 to $22.91

The retailer's sales slumped in December deeper than analysts expected. The sluggishness included its Old Navy brand, which had been a bright spot for Gap.

Ford Motor Co., down 16 cents to $12.54

The automaker said it sold 1.1 million vehicles in China last year, a record. It also set a record in monthly December with almost 125,000 vehicles sold.

Synergy Resources Corp., down 58 cents to $6.58

The oil and gas company's fiscal first-quarter results fell short of analyst projections.

Time Warner Inc., up 97 cents to $71.17

The company said it renewed the contract of CEO Jeff Bewkes for three more years.

American Eagle Outfitters Inc., down $2.64 to $13.24

The teen retailer reported disappointing sales for the fourth quarter.

Nasdaq

Cirrus Logic Inc., up $1 to $27.80

The chipmaker's shares were boosted by an analyst upgrade.

WD-40 Co., up $3.01 to $97.59

The maintenance and cleaning product company raised its profit forecasts after it reported fiscal first-quarter results.