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Amazon, DeVry, Panera Bread are big market movers

Published October 27, 2011 by
Business - Wall Street

NEW YORK (AP) ? Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

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NYSE

Meredith Corp., up $2.55 at $27.44

The publisher of Parents and Fitness magazines said its first-quarter net income fell, but results still topped expectations.

MF Global Holdings Ltd., down 16 cents at $1.70

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The Wall Street Journal reported that the brokerage firm hired an investment bank to help decide whether it should sell itself or not.

RadioShack Corp., down $1.61 at $11.70

The electronics and wireless retailer reported third-quarter profit that fell far short of what Wall Street had been expecting.

DeVry Inc., down $7.72 at $38.36

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The for-profit educator reported first-quarter earnings that missed Wall Street expectations as student enrollments leveled.

Nasdaq

Amazon.com Inc., down $28.75 at $198.40

The online retailer said third-quarter net income fell 73 percent as it spent more money on building sales fulfillment centers.

iRobot Corp., up $4.94 at $33.24

The maker of the Roomba robot vacuum cleaner and bomb disposal robots for the military, reported strong third-quarter results.

Clearwire Corp., up 32 cents at $1.96

Sprint Nextel said it is in discussions with the wireless broadband company to make Sprint phones work on Clearwire’s new network.

Panera Bread Co., up $17.92 at $133.64

The bakery-cafe chain reported a 27 percent jump in net income in the third quarter as customers spent more at its restaurants.

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