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Philip Morris, Nokia, Wynn are market movers

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[October 21, 2011]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Philip Morris International Inc., up $2.16 at $68.19

The cigarette maker said that its third-quarter net income grew nearly 31 percent as it sold more cigarettes, particularly in Asia.

Nokia Corp., up 38 cents at $6.50

The mobile phone maker posted a narrower third-quarter loss than expected, saying it gained market share in some markets.

The New York Times Co., up 60 cents at $7.12

Reduced costs and higher circulation revenue helped the newspaper publisher turn a profit in its fiscal third-quarter.

Nasdaq

Select Comfort Corp., up $3.30 at $19.42

The mattress maker's third-quarter profit rose nearly 64 percent on improved sales and it also raised its full-year outlook.

Buffalo Wild Wings Inc., up $4.14 at $62.18

The restaurant chain posted a 33 percent rise in its third-quarter net income as revenue climbed on strong demand for its food.

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Investments

Wynn Resorts Ltd., down $6.90 at $123.37

The Las Vegas-based casino operator posted third-quarter adjusted earnings that fell short of what Wall Street was expecting.

Travelzoo Inc., up $1.62 at $32.40

The Web travel deal publisher said its third-quarter net income rose 62 percent driven by its fastest revenue growth in five years.

Tractor Supply Co., up $5.36 at $71.64

The farm equipment retailer's third-quarter net income jumped 43 percent on higher sales of pet merchandise and heating products.

[Associated Press]

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 This material may not be published, broadcast, rewritten or redistributed.

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