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Eli Lilly, Coinstar, Lululemon are market movers

Source : AP
Last Updated: Fri, Jan 04, 2013 22:00 hrs

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

NYSE

Eli Lilly and Co., up $1.84 at $51.56

The Indianapolis-based drugmaker said that it expects its 2013 earnings will grow more than Wall Street analysts expect.

Nasdaq

Finish Line Inc., down $1.58 at $17.46

The athletic footwear and clothing company reported a loss for its fiscal third quarter and it cut its full-year earnings forecast.

Coinstar Inc., down $1.95 at $50.10

The company, which operates Redbox DVD rental kiosks and coin-counting machines, said that its CEO Paul Davis will retire March 31.

Lululemon Athletica Inc., down $3.14 at $71.95

Citing slowing momentum, a Credit Suisse analyst downgraded the yoga retailer's stock and lowered its price target by $6, to $80.

SolarCity Corp., up $1.38 at $14.40

The San Mateo, Calif.-based solar company said that it expects rooftop solar installations to climb 60 percent in fiscal 2013.

Accuray Inc., down $1.37 at $5.41

The radiation oncology equipment company announced plans to cut 13 percent of its staff and also reported weak sales.

Silicon Image Inc., down 56 cents at $4.60

The maker of parts for high-definition displays for gadgets cut its fourth-quarter revenue forecast below Wall Street expectations.

Progress Software Corp., up $1.13 at $22.02

The maker of software that simplifies management of cloud-based platforms tripled quarterly earnings but forecast flat revenue for its fiscal first quarter.




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