Web Sify
Follow us on
login login
Mail
Print

Talbots, Sealy, VeriFone are market movers

Source : AP
Last Updated: Sat, May 26, 2012 02:30 hrs

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Sealy Corp., up 7 cents at $1.68

Shares of mattress makers, including Sealy, jumped after an industry survey found that U.S. mattress sales improved sharply in April.

VeriFone Systems Inc., down $6.97 at $38.03

The electronic payments company said its net income shrank in its fiscal second quarter on acquisition and restructuring costs.

The Talbots Inc., down $1.05 at $1.51

After weeks of talks, private equity firm Sycamore Partners told the women's clothing retailer that it was not ready to buy it.

Carter's Inc., up $1.67 at $54.64

A Citi analyst upgraded shares of the children's clothing seller to a "Buy" rating, citing the company's potential future growth.

Nasdaq

Rue21 Inc., up $1.76 at $28.76

The clothing retailer said its first-quarter profit jumped nearly 21 percent on stronger sales and it raised its full-year outlook.

Mentor Graphics Corp., down $2.01 at $13.20

Shares of the company, which makes software for engineers of chips, fell despite posting a first-quarter profit on better sales.

Maxwell Technologies Inc., down 95 cents at $6.96

A Wedbush analyst downgraded the shares of the maker of energy storage products to "Neutral" from "Outperform," citing competition.

Quest Software Inc., down 3 cents at $25.15

Bloomberg reported that personal computer maker Dell Inc. is in discussions to buy Quest Software, which makes business software.



blog comments powered by Disqus
most popular on facebook
talking point on sify finance