Friday, August 30, 2013 5:12 pm
Salesforce, Big Lots, PacSun are big market movers
The Associated Press
Salesforce.com Inc., up $5.48 at $49.13
Thanks to increasing demand for its software, the cloud computing company reported second-quarter results that beat expectations.
ReneSola Ltd., up 37 cents at $4.77
The Chinese solar panel maker said that its second-quarter loss narrowed thanks to higher selling prices of solar wafers and modules.
Big Lots Inc., up 78 cents at $35.42
The discount retailer said that its fiscal second-quarter net income fell 18 percent but its adjusted results topped expectations.
Krispy Kreme Doughnuts Inc., down $3.51 at $19.72
The doughnut chain's adjusted second-quarter profit, and its full-year earnings forecast, were below Wall Street expectations.
Sears Hometown and Outlet Stores Inc., down $6.97 at $32.08
The retailer, which sells appliances and tools, said its second-quarter net income fell due to costs from its spinoff from Sears.
Shoe Carnival Inc., down 91 cents at $25.39
The footwear company's second-quarter revenue missed analysts' estimates and its third-quarter forecasts were below Wall Street's view.
Splunk Inc., up $6.29 at $55.21
The data management software maker's adjusted second-quarter loss and its revenue each beat Wall Street's expectations.
Pacific Sunwear of California Inc., down 66 cents at $3.26
The retailer, which sells surf and skate-inspired clothing, reported a disappointing outlook during the third quarter.