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The Canadian Press - ONLINE EDITION

Foot Locker, Skullcandy, Ann, Pandora are big market movers on Friday

By: The Associated Press

Friday, Mar. 8, 2013 at 4:14 PM | Comments: 0

NEW YORK, N.Y. - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Foot Locker Inc., down $2.52 at $32.79

The shoe store chain's fourth-quarter net income rose 28 per cent, but investors were disappointed with the retailer's outlook.

Ann Inc., up $2.28 at $31.28

The retailer posted a better-than-expected fourth-quarter profit and a strong sales guidance for the current quarter and full year.

Pandora Media Inc., up $2.06 at $13.79

The Internet radio company's fourth-quarter results beat expectations, and CEO Joseph Kennedy is stepping down.

The Cooper Cos. Inc., up $3.53 at $108.23

The contact lens and surgical tools maker's fiscal first-quarter net income rose 37 per cent on better sales of contact lenses.

H&R Block Inc., up $2.30 at $27.28

An Oppenheimer analyst said in a note to clients that he foresees a strong tax season for the tax preparer despite a slow start.

Medifast Inc., down $1.44 at $22.96

The weight-loss company forecast net income and revenue in the first quarter below what Wall Street was expecting.

Nasdaq

Skullcandy Inc., down $1.51 at $5.21

The headphones maker projected a loss and drop in sales in the current quarter, and it said 2013 results will be worse than last year.

Sequenom Inc., down 18 cents at $4.31

The genetic test maker reported a loss in the fourth quarter that was larger than Wall Street analysts expected.

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