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MetroPCS, Express, Stage Stores are market movers

Source : AP
Last Updated: Tue, Oct 02, 2012 21:00 hrs

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

NYSE

MetroPCS Communications Inc., up $2.05 at $13.57

Deutsche Telekom AG, parent company of cellphone carrier T-Mobile USA, said it is in talks to buy smaller rival MetroPCS.

Express Inc., down $3.33 at $11.68

The clothing retailer cut its forecast for the current quarter because of fewer shoppers in September and heavy discounting.

Fifth & Pacific Cos. Inc., down $1.45 at $11.32

Due to weaker sales of Juicy Couture products, its largest division, the clothing company cut its 2012 earnings guidance.

Acuity Brands Inc., down $2.99 at $60.11

The lighting maker's fiscal fourth-quarter net income fell 3 percent due to a charge and expenses related to a plant closing.

The Mosaic Co., down $2.25 at $55.76

The fertilizer company said that its fiscal first-quarter net income fell 18 percent and missed Wall Street's expectations.

Stage Stores Inc., up 73 cents at $21.99

The operator of the Peebles and Stage stores said that its sales at stores open at least a year rose 11.1 percent in September.

Nasdaq

Old Dominion Freight Line Inc., down $1.01 at $29.12

RBC Capital Markets downgraded the trucking company's stock, citing a slowdown in certain kinds of shipping.

RadiSys Corp., down 28 cents at $3.15

The provider of wireless infrastructure systems replaced its CEO. It also lowered revenue guidance for its third quarter.



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