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Darden, Oshkosh, Big Lots are market movers

Published on NewsOK Modified: December 4, 2012 at 3:36 pm •  Published: December 4, 2012
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Darden Restaurants Inc., down $5.02 at $47.40

The owner of the Red Lobster and Olive Garden restaurant chains cut its profit forecast for the year blaming failed promotions.

Oshkosh Corp., down $1.14 at $28.96

Billionaire investor Carl Icahn said that he is giving up on his bid to buy the truck maker, based in Oshkosh, Wis.

Vail Resorts Inc., down $4.41 at $51.43

The ski resort operator said that its fiscal first-quarter loss rose and warned it may not hit its earnings target this year.

Pep Boys - Manny, Moe & Jack, down $1.11 at $9.57

Due to rising costs and falling sales, the automotive parts retailer said that it fell to a loss during its fiscal third-quarter.

Big Lots Inc., up $3.23 at $31.27

The discount retailer posted a third-quarter loss, but its results still beat expectations and it raised its full-year forecast.

Nasdaq

Select Comfort Corp., up $1.38 at $27.67

A KeyBanc analyst reiterated his "Buy" rating on the mattress maker saying that more Americans are upgrading their mattresses.

PetMed Express Inc., up 50 cents at $12.05

The pet pharmacy company said it will pay a special dividend of $1 per share this month and keep its regular quarterly dividends.

Francesca's Holdings Corp., up $1.51 at $26.81

A Jefferies analyst upgraded the women's clothing company to a "Buy," citing potential growth as it opens more stores.


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