Netflix, Starbucks, Hasbro are market movers

Published on NewsOK Modified: January 25, 2013 at 5:06 pm •  Published: January 25, 2013
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Hasbro Inc., down $1.14 at $37.31

Due to weak holiday demand, the toy maker's fourth-quarter revenue didn't meet expectations. It will cut 10 percent of its workforce.

Procter & Gamble Co., up $2.83 at $73.25

The consumer products maker said that its fiscal second quarter net income more than doubled and boosted its profit outlook.

Halliburton Co., up $1.91 at $39.72

The energy services company said that its net income for the fourth quarter fell 26 percent, but the results beat expectations.

Oshkosh Corp., up $6.50 at $41.08

The truck maker reported a 20-percent rise in fiscal first-quarter net income and boosted its guidance for the full year.

Nasdaq

Starbucks Corp., up $2.24 at $56.81

Thanks to higher global sales, the coffee chain said its profit rose 13 percent in the latest quarter, meeting expectations.

Netflix Inc., up $22.70 at $169.56

The online video service's stock continued to rise after the company posted strong fourth-quarter results this week with a rise in subscribers.

Select Comfort Corp., down $5.04 at $23.16

The mattress maker posted fourth-quarter results that missed Wall Street expectations and it issued a disappointing full-year outlook.

Flextronics International Ltd., down 28 cents at $6.44

The electronics designer and maker said its third quarter net income fell on restructuring charges, and it posted a weak forecast.



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