Monday, March 11, 2013

Research In Motion, Zynga, Barnes are big movers





NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Dick's Sporting Goods Inc., down $5.49 at $45.11

The sporting goods retailer said that its fourth-quarter net income rose 17 percent, but results still missed Wall Street expectations.

Barnes Group Inc., up $1.05 at $28.88

A KeyBanc analyst upgraded the aerospace parts maker to 'Buy,' due to its decision to sell one of its businesses.

Genworth Financial Inc., up 66 cents at $10.50

Barron's predicted that the insurer and mortgage backer's shares will get a boost from a rebound in the housing industry.

The Walt Disney Co., up 27 cents at $57.66

The media company's film, 'Oz the Great and Powerful,' debuted this weekend and earned $80.3 million at the U.S. box office.

Nasdaq

Research In Motion Ltd., up $1.84 at $14.90

The Blackberry maker said it will launch its new touchscreen smartphone in the U.S. with wireless carrier AT&T on March 22.

Canadian Solar Inc., down 58 cents at $3.15

The solar company said its fiscal fourth-quarter loss widened compared to a year ago, as solar module shipments fell and costs rose.

Zynga Inc., up 36 cents at $3.93

A Wunderlich analyst said Internet company Yahoo Inc. should consider buying the maker of games for Facebook and smartphones.

Denny's Corp., down 3 cents at $5.78

The restaurant operator said it canceled plans with a franchise partner to develop 50 restaurants in southern China.

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