Thursday, February 07, 2013 5:37 pm
Sony, DeVry, Akamai are market movers
The Associated Press
Sony Corp., down 69 cents at $15.13
The Japanese electronics maker posted a $115 million loss during its October to December quarter as television sales fell.
The Cato Corp., down $1.57 at $25.99
The retailer said that a key revenue figure fell 12 percent in January. It blames the drop on delays in shoppers' income tax refunds.
DeVry Inc., up $4.29 at $30.41
The struggling for-profit education company, which owns DeVry University, reported better-than-expected second-quarter earnings.
The New York Times Co., up 27 cents at $8.51
A rise in revenue from digital subscriptions helped the news company post higher fourth-quarter net income.
Bunge Ltd., down $7.26 at $72.12
The agribusiness and food company posted a loss for the fourth-quarter and said its CEO plans to retire in June.
Green Mountain Coffee Roasters Inc., down $2.62 at $46.32
The maker of Keurig brewers said its first-quarter net income rose 3 percent, but its revenue forecast missed expectations.
True Religion Apparel Inc., up $5.25 at $29
The company, which sells designer jeans and other clothing, reported results for the fourth quarter that beat expectations.
Akamai Technologies Inc., down $6.32 at $35.26
The company, which helps websites deliver content, said fourth-quarter net income rose 14 percent, but revenue missed forecasts.