Coinstar, Guess, Walgreen are market movers

[February 08, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

McClatchy Co., up 48 cents at $2.72

The publisher of the Miami Herald and other newspapers almost tripled its net income in the latest quarter helped by layoffs.

Becton, Dickinson and Co., down $3.02 at $77.51

The medical technology company said its fiscal first-quarter profit fell 17 percent on higher raw material costs and expenses.

Scotts Miracle-Gro Co., up $3.91 at $52.96

The garden products company said that its fiscal first-quarter revenue fell, but the figure still beat Wall Street expectations.

Guess Inc., up 53 cents at $32.51

A Jefferies analyst reiterated his "Buy" rating on the clothing company's stock, saying he expects it to grow internationally.

Walgreen Co., down 82 cents at $33.46

Citi downgraded the drugstore chain's stock since it may not resolve its dispute with benefits manager Express Scripts this year.

Lee Enterprises Inc., up 2 cents at $1.12

The publisher of the St. Louis Post Dispatch and other newspapers is seeking shareholder approval for a reverse stock split.

Nasdaq

Coinstar Inc., up $6.97 at $57.53

Coinstar's fourth-quarter earnings soared as its Redbox DVD rental kiosks added customers who canceled Netflix's rival service.

Yum Brands Inc., up $1.66 at $64.85

The owner of the Taco Bell and KFC fast-food chains said that its fourth-quarter profit rose 30 percent on strong overseas growth.

[Associated Press]

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