US Airways, Zumiez, SAIC are market movers

Published September 1, 2012 by
Business - Wall Street

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

NYSE

US Airways Group Inc., up 26 cents at $10.66

AMR, the parent company of American Airlines, entered an agreement with the US Airways to allow them to discuss a merger.

Suntech Power Holdings Co. Ltd., down 2 cents at 88 cents

The solar panel maker cuts its 2012 shipment forecast. It’s the latest Chinese solar energy producer to lower its shipment forecast.

Dollar General Corp., up $1 at $51.07

A Raymond James analyst maintained his “Strong Buy” rating on the retailer’s stock, saying a price drop makes it a good time to buy it.

SAIC Inc., up 40 cents at $12.21

SAIC will separate into two public companies, a science and technology business and a government technical services business.

Esterline Technologies Corp., up $6.86 at $59.80

The aerospace and defense supplier kept its full-year outlook and its fourth-quarter results beat Wall Street expectations.

Nasdaq

Zumiez Inc., down $3.03 at $29.19

The sports equipment retailer reported lower second-quarter earnings and forecast third-quarter profit below Wall Street expectations.

Gordmans Stores Inc., down $3.09 at $17.58

The clothing and home decor company said that its second-quarter net income rose, but it lowered its full-year revenue guidance.

OmniVision Technologies Inc., up 34 cents at $16.25

The image sensor maker posted better-than-expected first-quarter revenue and it raised its revenue outlook for the current quarter.

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