Ford, VeriFone, Men's Wearhouse are market movers

Associated Press Published: September 6, 2012
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Harry Winston Diamond Corp., up 62 cents at $12.86

The jewelry retailer said its second-quarter net income fell 52 percent, but it expects demand to increase in emerging markets.

The Men's Wearhouse Inc., up $5.95 at $37.79

The men's clothing retailer reported better second-quarter results, thanks to stronger sales and improved margins.

Navistar International Corp., up $3.56 at $23.97

The heavy truck and engine company said that its third-quarter earnings fell from last year, which included a large tax benefit.

VeriFone Systems Inc., down $4.83 at $30.55

The electronic payment company's third-quarter revenue and its forecast for fourth-quarter revenue didn't meet expectations.

Ford Motor Co., up 35 cents at $9.91

The automaker said that in the next five years it will release 15 new or restyled vehicles in Europe to revive slumping sales.

LDK Solar Co. Ltd., down 5 cents at $1.28

The European Union launched a probe into Chinese solar panels on claims that products are exported for less than they cost to make.

Nasdaq

MagicJack VocalTec Ltd., up $1.10 at $26.54

The Internet phone company boosted its forecast for the full year on stronger demand during its most recent quarter.

Snyder's-Lance Inc., up $2.61 at $25.11

The food company, which makes pretzels, chips and other snacks, is buying cracker maker Snack Factory LLC for $340 million in cash.



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