Boeing, Goldman Sachs, Crocs are market movers

AP News
Posted: Jan 16, 2013 4:48 PM

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


The Boeing Co., down $2.60 at $74.34

After an emergency landing of the aircraft maker's 787, Japan's two biggest airlines grounded all their 787s for safety checks.

The Goldman Sachs Group Inc., up $5.50 at $141.09

Fourth-quarter earnings almost tripled, beating analysts' estimates, as investment banking revenues surged.

Chipotle Mexican Grill Inc., down $16.38 at $280.94

The Denver-based casual dining chain warned that fourth-quarter earnings will miss estimates because of higher food costs.

Sturm, Ruger & Co. Inc., up $2.39 at $50.38

Shares of the gun maker rose after President Barack Obama unveiled his plan to cut gun violence, which includes banning assault weapons.

First Republic Bank, up $1.06 at $35.60

The San Francisco-based bank said its fourth-quarter net income rose as it made more money off its loans and investments.

Cobalt International Energy Inc., down $1.91 at $24.84

The oil and natural gas driller said that some of its biggest investors were selling 40 million of the company's shares.


Crocs Inc., down $1.52 at $14.19

The footwear company, known for its colorful plastic shoes, said in a filing that it experienced a difficult holiday season.

The Wendy's Co., up 18 cents at $5.08

The hamburger chain posted fiscal fourth-quarter earnings that topped Wall Street's expectations and maintained its 2013 forecast.