Dole, Transocean, New York & Co. are market movers

[March 17, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Dole Food Co. Inc., up $1.16 at $11.13

The fruit and vegetable company said that it returned to profitability in its fiscal fourth quarter as it reduced its costs.

Renesola Ltd., up 35 cents at $2.81

Although the Chinese solar panel maker said that it lost money in its fourth quarter, it expects current quarter shipments to rise.

New York & Co. Inc., up 18 cents at $3.67

The women's clothing retailer posted a smaller loss in the fiscal fourth quarter than what Wall Street analysts had been expecting.

Getty Realty Corp., down $1.71 at $14.25

The Jericho, N.Y.-based real estate investment trust said it will defer its next dividend payment citing cash flow uncertainty.

Nasdaq

Perfect World Co. Ltd., up $3.46 at $16.01

The Chinese online game developer's fiscal fourth-quarter net income more than doubled, as more users played the company's games.

Buffalo Wild Wings Inc., down $3.10 at $86.33

A Wedbush analyst downgraded shares of the restaurant operator saying that the price of chicken wings will likely stay high.

Transocean Ltd., up $2.56 at $58.70

A Citi analyst raised his price target on the offshore oil rig owner by $3 to $65, based on three new drilling contracts.

Cogo Group Inc., up $1.16 at $3.10

The Chinese distributor of computer parts said that its founder and chief executive offered to buy 30 percent of the company.

[Associated Press]

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