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J.C. Penney, Stage Stores, ViaSat are big movers | |||||||||||||||||||||
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE J.C. Penney Co., down 78 cents at $18.01 Still reeling from its former CEO's turnaround plan, the department-store chain said that its loss in the first quarter widened. Stage Stores Inc., down $1.89 at $24.19 The department-store operator's first-quarter loss widened as it spent to consolidate some facilities and struggled to get shoppers in its doors. Nordstrom Inc., down 45 cents at $60.68 The retailer's first-quarter net income fell due to weak demand for spring merchandise and softer performance in the Northeast and Midwest. Nasdaq Autodesk Inc., down $2.67 at $37.11 The design software company reported first-quarter results that disappointed investors, blaming mixed economic conditions worldwide. SINA Corp., up 76 cents at $59.57 The operator of a popular Chinese Internet portal narrowed its first-quarter loss on improved revenue. ViaSat Inc., up $11.57 at $71.38 The satellite and wireless networking technology provider returned to a profit in its fiscal fourth quarter after a boost from new contracts. Aruba Networks Inc., down $4.51 at $13.10 The wireless communications company posted a loss in its fiscal third quarter, as spending increased and sales growth weakened. Brocade Communications Systems Inc., down 20 cents at $5.54 The computer networking technology maker said its fiscal second-quarter sales fell because of a slowdown in the storage market. © 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use. | |||||||||||||||||||||
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