Friday, 14 February 2014

Hyatt, Campbell Soup are big market movers


Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:


NYSE


Hyatt Hotels Corp., up $3.46 to $52.85


The hotel operator said that its fourth-quarter net income doubled on higher room rates and improved occupancy.


Weight Watchers International Inc., down $8.48 to $22.10


Free diet apps and activity monitors are hurting the weight-loss program operator. CEO Jim Chambers expects a challenging 2014.


Trulia Inc., down $6.46 to $29.97


The online real estate listings company said that its fourth-quarter loss widened from the year before as marketing costs rose.


Campbell Soup Co., up $2.04 to $43.01


The soup maker said that its second-quarter profit and revenue came in above Wall Street expectations thanks to a later Thanksgiving.


Occidental Petroleum Corp., up $3.49 to $95.76


The oil and gas company said that it plans to spin off its California assets into a separate publicly traded company.


The J.M. Smucker Co., down $3.33 to $91.81


The food maker said it is facing more peanut butter competitors and consumers are shying away from artificially sweetened jams.


The Men's Wearhouse Inc., down $2.46 to $44.07


The men's retailer's stock fell after rival Jos. A Bank, which it is trying to buy, said it is acquiring clothing brand Eddie Bauer.


Nasdaq


CafePress Inc., down $1.38 to $5.26


The online seller of personalized T-shirts, coffee mugs and other products reported fourth-quarter results that missed Wall Street expectations.



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