Winnebago, Kroger, First Solar, Smucker among big market movers Thursday
By APThursday, June 17, 2010
Winnebago, Kroger, First Solar among big movers
NEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Winnebago Industries Inc., up $1.32 at $12.40
The motor home maker returned to profitability in its fiscal third quarter as revenue nearly tripled and it sold more motor homes.
Pier 1 Imports Inc., up 18 cents at $8.20
The home decor retailer posted a profit in the first quarter, when Wall Street analysts expected a loss, and revenue rose from a year ago.
Kroger Co., up 67 cents at $20.75
The grocery operator’s net income fell 14 percent in the first quarter, but its results beat analyst expectations.
J.M. Smucker Co., up $3.80 at $61.55
Net income fose 28 percent during the jam and peanut butter maker’s fourth quarter, and its outlook topped analyst forecasts.
NASDAQ:
DryShips Inc., down 22 cents at $4.09
A Credit Suisse analyst downgraded the owner of oil deepwater drilling rigs, citing uncertainty over Gulf of Mexico production.
Anadigics Inc., up 82 cents at $4.82
A Stifel Nicolaus analyst upgraded his rating on the stock, saying the chip maker is likely to outstrip Wall Street forecasts.
Computer Programs & Systems Inc., down $3.53 at $39.02
The information technology company suspended its finance chief while it investigates allegations of his improper use of a corporate credit card.
First Solar Inc., up $4.68 at $123.45
A Credit Suisse analyst said he expects demand to improve for the company’s solar products and upgraded its shares.