Apple, Coinstar, First Solar are market movers

[March 01, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Collective Brands Inc., up 64 cents at $18.02

Footwear seller and owner of the Payless ShoeSource chain posted fourth-quarter earnings that were better than Wall Street expected.

Carter's Inc., up $4.88 at $48.57

The marketer of clothes for babies and children said that its fourth-quarter profit fell, but its results still beat expectations.

Liz Claiborne Inc., down 61 cents at $9.78

Fourth-quarter revenue at the fashion company was below Wall Street forecasts due to weak business at its Juicy Couture division.

Nasdaq

Dreamworks Animation SKG Inc., down $2.39 at $17.26

The movie studio posted weaker-than-expected results in the fourth quarter and warned of higher costs and lower DVD sales ahead.

Coinstar Inc., down $3.87 at $58.23

A Wedbush analyst removed the operator of Redbox DVD rental kiosks from is "Best Ideas List" citing the stock's recent rise.

First Solar Inc., down $4.10 at $32.30

The solar company posted a fourth-quarter loss as a hefty accounting charge and other costs wiped out gains from rising sales.

Apple Inc., up $7.03 at $542.44

The iPad maker's market value passed $500 billion for the first time. The stock also hit a new high of $547.61 early Wednesday.

SodaStream International Ltd., down $6.75 at $40.75

The company announced strong fourth-quarter results, but said that sales of its home carbonation machines rose just 8 percent.

[Associated Press]

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