Crocs, Lennar, SuperValu are big movers

[January 12, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Eastman Kodak Co., up 22 cents at 82 cents

The photography company is suing Apple and HTC over alleged digital imaging technology patent infringements used in their devices.

SuperValu Inc., down $1.05 at $7.34

The grocery store operator said that its fiscal third-quarter net loss widened due to costs related to its restructuring plan.

Lennar Corp., up $1.49 at $22.25

The homebuilder said that its fiscal fourth-quarter revenue rose as it delivered more homes, but its net income fell 5 percent.

Universal American Corp., down $2.61 at $10.93

The health insurer said it will buy health care software and services company APS Healthcare in a deal worth up to $277.5 million.

Deckers Outdoor Corp., up $3.51 at $88.47

A Jefferies analyst said the UGG boots maker could report solid fourth-quarter earnings and said the mild winter weather is not hurting sales.

Synnex Corp., up $2.68 at $34.77

The back-office services provider said that its fourth-quarter net income rose by one-third, beating Wall Street expectations.

Nasdaq

Crocs Inc., up $2.61 at $18.56

The shoemaker expects its fourth-quarter sales to be at the high end of its guidance and said annual sales will top $1 billion.

Urban Outfitters Inc., down $5.48 at $23.93

The retailer said that CEO Glen Senk resigned earlier in the week and that the company's co-founder, Richard Hayne, succeeded him.

[Associated Press]

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