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The Journal Gazette

Wednesday, April 03, 2013 5:24 pm

Global Payments, Conns, MagicJack are big movers

The Associated Press

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


Acuity Brands Inc., up $3.59 at $71.84

The lighting maker's fiscal second-quarter net income climbed 27 percent as sales of LED-based products continued to improve.

Oxford Industries Inc., up $1.90 at $53.95

The clothing company's fiscal fourth-quarter net earnings fell about 25 percent, but adjusted results showed higher profit.

Global Payments Inc., down $4.49 at $44.52

The electronic payments processor reported fiscal third-quarter results that were lower than Wall Street expected.

Magnum Hunter Resources Corp., up 12 cents at $3.93

Oil and gas company Penn Virginia said it's buying some property and wells in Texas from Magnum Hunter for about $400 million.


Conns Inc., up $2.93 at $39.01

The retailer said its fiscal fourth-quarter net income more than doubled, thanks to strong sales of mattresses and furniture.

MagicJack VocalTec Ltd., up 80 cents at $15.75

The maker of devices that route low-cost phone calls over the Internet said it returned to a profit in the fourth quarter.

G-III Apparel Group Ltd., down $1.61 at $37.73

The clothing company said its fiscal fourth-quarter profit jumped 62 percent, but its results fell short of expectations.

Mindspeed Technologies Inc., down 49 cents at $2.52

The chipmaker cut its fiscal second-quarter product revenue forecast because of slower-than-expected deployments of 3G small-cell base stations.