Friday, September 06, 2013 6:34 pm
VeriFone, Quiksilver, E-Trade big market movers
The Associated Press
VeriFone Systems Inc., up $2.09 at $22.81
The company, which makes terminals for electronic payments, reported third-quarter results that beat Wall Street expectations.
Quiksilver Inc., up $1.65 at $6.85
The retailer, which sells skateboarding- and surfing-inspired clothing, reported third-quarter net income that beat expectations.
USG Corp., up $1.13 at $25.06
Analysts from Sterne Agee upgraded the building products company's stock to a "Buy" rating on expectations that the company will increase its prices for wallboard.
American Tower Corp., up $3.16 at $71.91
The wireless communications infrastructure company is buying Macquarie Infrastructure Partner for about $3.3 billion.
Mattress Firm Holding Corp., down $6.10 at $35.59
The mattress seller's second-quarter net income rose 40 percent, but its adjusted earnings and revenue fell short of expectations.
Smith & Wesson Holding Corp., down $1.17 at $10.31
The gun maker's first-quarter earnings and revenue beat expectations, but it posted a disappointing second-quarter forecast.
Zumiez Inc., up $2.83 at $28.12
The teen retailer, which sells clothing and sporting equipment, reported a profit for the second quarter that beat Wall Street's expectations.
E-Trade Financial Corp., up 71 cents at $16.26
A Goldman Sachs analyst upgraded the online broker's stock rating on its plans to distribute $100 million in capital from its bank subsidiary to its holding company.