3M, Netflix, Under Armour are big market movers

[October 26, 2011]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

3M Co., down $5.14 at $77.04

The maker of Post-its, Scotch tape and touch screens, lowered its earnings expectations for the year on slowing overseas imports.

Under Armour Inc., up $3.82 at $80.15

The sports clothing and footwear maker said its third-quarter net income climbed 32 percent, thanks to sales of new products.

Ethan Allen Interiors Inc., up 51 cents at $20.13

The home furniture seller said its fiscal first-quarter net income jumped nearly 80 percent on higher sales at its stores.

Unisys Corp., up $6.28 at $26.30

The information technology service provider said third-quarter net income more than doubled on strong demand for mainframe computers.

Quest Diagnostics Inc., up $5.52 at $56.50

The medical laboratory operator said its third-quarter net income fell 13 percent, and said that its chief executive is leaving the company.

Reynolds American Inc., down $1.33 at $38.04

The maker of Camel brand cigarettes said third-quarter profit fell about 4 percent on charges related to legal cases and other costs.

Lexmark International Inc., down $2.05 at $29.22

The printer maker reported a 7 percent decline in third-quarter net income due to higher tax expenses and restructuring costs.

Nasdaq

Netflix Inc., down $41.47 at $77.37

The online movie rental company said it lost about 800,000 subscribers since June, larger that the 600,000 the company had expected.

[Associated Press]

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