Humana, Skechers, Sysco are market movers

Published February 7, 2012 by
Business - Wall Street

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

NYSE

Humana Inc., down $4.87 at $85.25

The health insurer said its fourth-quarter profit surged on the strength of higher-than-expected Medicare Advantage enrollment.

Sysco Corp., down $1.11 at $29.79

The company, which sells food to hotels and restaurants, said its second-quarter net income fell 3 percent due to rising food costs.

Skechers U.S.A. Inc., up 72 cents at $13.80

A Sterne Agee analyst upgraded the shoe company’s investment rating saying that its new Women’s active and causal shoes should sell well.

Lazard Ltd., down $1.22 at $27.67

The investment bank posted a loss for the fourth quarter as revenue from financial advisory and asset management services plunged.

Nasdaq

Allegiant Travel Co., down $1.60 at $55.15

A Raymond James analyst downgraded the travel company’s investment rating to “Market Perform” saying that its new services could be delayed.

O’Charley’s Inc., up $2.89 at $9.81

Title insurance and mortgage services company Fidelity National Financial Inc. is buying the restaurant operator for $221 million.

K-Swiss Inc., up 23 cents at $3.91

The footwear maker’s investment rating was upgraded by a Sterne Agee analyst who said product improvements could halt its downward spiral.

Coinstar Inc., up 91 cents at $50.56

The operator of DVD rental kiosks said it is teaming with Verizon to start a video streaming service to take on Netflix Inc.

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