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Ralph Lauren, Zynga, Chipotle are market movers

Source : AP
Last Updated: Wed, Feb 06, 2013 22:00 hrs

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

NYSE

Ralph Lauren Corp., up $9.72 at $174.63

With rising sales of its designer clothing, the company posted a 27 percent profit increase in its fiscal third-quarter.

Moneygram International Inc., up $1.21 at $15.33

The money transfer company said that its fourth-quarter net income rose as fee revenue increased from completing more transfers.

Time Warner Inc., up $2.05 at $52.01

Higher ad revenue at its TV networks helped push the media company's net income up 51 percent in the last three months of 2012.

The Scotts Miracle-Gro Co., up 25 cents at $44.17

The lawn care products maker narrowed its loss in its fiscal first quarter and expects a better year ahead.

Wyndham Worldwide Corp., up $3.81 at $60.01

The hotel company said that its fourth-quarter net income rose 45 percent, helped by its lodging and vacation ownership businesses.

Chipotle Mexican Grill Inc., up $17.45 at $322.46

Adding new locations helped push the Mexican restaurant chain's net income up nearly 7 percent during the fourth quarter.

Metals USA Holdings Corp., up $2.35 at $20.65

Reliance Steel & Aluminum Co., which distributes thousands of metal products, is buying the steel and metals company for about $766.1 million.

Nasdaq

Zynga Inc., up 25 cents at $2.99

The maker of online games such as "FarmVille" said that its fourth-quarter loss narrowed as it cut costs and laid off workers.




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