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Aeropostale, Netflix, JinkoSolar are market movers

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[October 12, 2011]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:


99 Cents Only Stores, up 90 cents at $21.39

The discount retailer said it has a deal to be acquired by two investment firms for about $1.6 billion, or $22 per share.

JinkoSolar Holding Co. Ltd., up 48 cents at $7.19

The Chinese solar parts maker said it has resumed production at a facility that was closed after discovering it was leaking fluoride.

Aeropostale Inc., up 86 cents at $12.99

A Jefferies analyst upgraded the teen retailer's stock to "Buy" saying that its performance should improve in the upcoming quarters.

The Jones Group Inc., up $1.01 at $10.70

The clothing maker said it is in talks to sell its jeans division for up to $400 million to Israeli rival Delta Galil Industries.


Netflix Inc., down $2.96 at $108.66

A Pacific Crest analyst said recent moves by the online movie rental company may damage its brand and hurt subscriber growth.

BigBand Networks Inc., up 95 cents at $2.22

Communication equipment maker Arris Group Inc. said it will acquire the digital video management software maker for $53 million.

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Kenexa Corp., up $2.03 at $19.36

The maker of employee management software said its third-quarter results may be higher that what it previously estimated.

Kratos Defense & Security Solutions Inc., up 45 cents at $6.92

Shares of the national security technology company rose a day after announcing an $8 million contract award from the U.S. Army.

[Associated Press]

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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