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Visa, Bon-Ton, Zumiez are market movers

Source : AP
Last Updated: Thu, Nov 01, 2012 23:15 hrs

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

NYSE

Visa Inc., up $5.12 at $143.88

The payments processing company posted fourth-quarter results that beat Wall Street's expectations thanks to overseas growth.

Scripps Networks Interactive Inc., up $1.80 at $62.52

The operator of cable networks such as Food Network and HGTV, said that its third-quarter net income grew 20 percent.

Nasdaq

Bon-Ton Stores Inc., up $1.23 at $13.49

Revenue at the retailer's stores open at least a year rose 3.7 percent in October on strong sales of dresses, shoes and outerwear.

Ross Stores Inc., down $3.82 at $57.13

The retailer said that revenue at stores open at least a year climbed 4 percent in October, short of Wall Street's expectations.

Zumiez Inc., down $4.19 at $21.13

The retailer lowered its third-quarter earnings guidance due to lower than expected sales because of the weak economy in Europe.

Wet Seal Inc., up 15 cents at $3.01

The teen retailer's revenue at stores open at least a year fell 7.6 percent in October, but it still beat analysts' expectations.

Catamaran Corp., up $4.04 at $51.20

The pharmacy benefit management company said its third-quarter earnings fell 19 percent, but it raised its earnings forecast for the year.

ArthroCare Corp., up $1.91 at $31.99

The medical product maker said that its profit rose in the third quarter on higher surgical tool sales and reduced expenses.




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