Tuesday, May 21, 2013





Apple, Harry Winston, Coach are market movers


Last Modified: March 17. 2013 2:54AM
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(AP) Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:


NYSE


Harry Winston Diamond Corp., up 62 cents at $15.08


Swatch Group AG, the Swiss watch maker, said that it will pay about $1 billion to acquire the Canadian watch and jewelry brand.


Flowers Foods Inc., up $2.39 at $27.22


Bankrupt snack maker Hostess Brands said that it selected bids by the rival bakery to buy six of its bread brands for $390 million.


Fifth & Pacific Companies Inc., up $1.47 at $14.31


Weaker sales at the clothing company's Juicy Couture brand hurt its fourth-quarter performance, but its 2012 revenue beat expectations.


Coach Inc., up $2.12 at $61.01


A Wedbush analyst said that a check at the luxury bag maker's stores found strong sell-throughs of some of its bags and clutches.


Hhgregg Inc., down 45 cents at $7.44


The electronics and appliance retailer posted disappointing forecasts for its fiscal third quarter and for the full year.


Nasdaq


Apple Inc., down $18.55 at $501.75


The Wall Street Journal reported that the iPad maker has cut its orders for iPhone 5 components due to weaker-than-expected demand.


Francesca's Holdings Corp., down $1.01 at $27.22


The women's accessories and clothing store chain raised its guidance for the fourth quarter, citing strong holiday season sales.


Allscripts Healthcare Solutions Inc., up 16 cents at $10.26


A Raymond James analyst upgraded the health care information technology company's stock to Strong Buy, citing its new management.


Associated Press


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