Sony, Wynn, AOL are big market movers

[November 03, 2011]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Sony Corp., down $1.18 at $18.53

The electronics company posted a $346 million loss in the latest quarter and cut its 2011 earnings forecast on poor TV sales.

Kenneth Cole Productions Inc., up 87 cents at $11.23

The clothing and footwear company said its net income more than doubled in the third quarter on rising revenue and less expenses.

AOL Inc., up $1.67 at $15.02

The New York-based Internet company posted a net loss in its latest quarter, but its results beat what Wall Street was expecting.

Nasdaq

Syms Corp., up $2.05 at $9.72

The discount retailer, which also operates Filene's Basement, filed for bankruptcy protection and plans to close all of its stores.

Garmin Ltd., up $1.52 at $35.71

The maker of global positioning systems said that its third-quarter net income fell, but its results beat Wall Street estimates.

Wynn Resorts Ltd., up $3.93 at $132.54

The company, which operates the Wynn casinos in Las Vegas and Macau, announced a special dividend of $5 for every share owned.

True Religion Apparel Inc., up $2.66 at $35.54

The high-end denim maker's third-quarter profit increased as sales of the company's apparel rose in both the U.S. and abroad.

ReachLocal Inc., down $2.93 at $7.44

The online marketing company said that its third-quarter loss expanded from a year ago, due to a loss at its review website Bizzy.

[Associated Press]

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