Talbots, KB Home, Coinstar are market movers

[April 14, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Talbots Inc., down 46 cents at $2.67

The women's retail chain said its fiscal fourth-quarter loss widened on higher charges as it aggressively discounted its clothing.

KB Home, down 41 cents at $8.05

The Los Angeles-based homebuilder cut its quarterly cash dividend to 2.5 cents per share from 6.25 cents per share.

Dow Chemical Co., up 53 cents at $33.20

The chemical company raised its quarterly dividend by 28 percent, a week after saying it will cut 900 jobs.

General Cable Corp., down $1.17 at $27.55

The automotive parts maker said that it bought Delphia Produtos Eletricos Ltda., a Brazilian maker of ignition wiring for cars.

Gap Inc., up 60 cents at $26.56

A Jefferies analyst raised his price target on the retailer's stock $3 to $40 and said that the company's business is improving.

Nasdaq

Coinstar Inc., up $4.47 at $65.78

Thanks to the popularity of its Redbox movie rental kiosks, the company raised its first-quarter and full-year revenue guidance.

Infosys Ltd., down $7.62 at $49.15

The outsourcing firm posted quarterly profit of $463 million and said its 2012 revenue will grow more slowly than the industry's.

ARC Wireless Solutions Inc., up 44 cents at $3.39

The wireless company said that it will buy two manufacturing companies and will change its name to ARC Group Worldwide.

[Associated Press]

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