AT&T, Hershey, Netflix are market movers

[April 25, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

AT&T Inc., up $1.11 at $31.72

The telecommunications company reported first-quarter results that beat Wall Street expectations, even as subscriber growth slowed.

The Hershey Co., up $3.71 at $66

The maker of Hershey's Kisses and Twizzlers said its first-quarter profit rose 24 percent on higher prices and cost cutting.

RadioShack Corp., down 63 cents at $5.34

Due to falling sales, particularly in its U.S. stores, the electronics retailer said that it lost money in its first quarter.

Coach Inc., down $3.25 at $71.87

The luxury bag maker's third-quarter profit rose, as strong sales in China helped offset weaker results in U.S. department stores.

Lexmark International Inc., down $2.11 at $30.44

The printer and software company's first-quarter earnings fell 27 percent, hurt by declining sales of consumer inkjet printers.

Big Lots Inc., down $11 at $34.71

The discount retailer warned that its sales from stores open at least a year may be "slightly negative" for its first quarter.

Nasdaq

Netflix Inc., down $14.16 at $87.68

After releasing its first-quarter results, investors worried about the Internet video streaming service attracting new customers.

J&J Snack Foods Corp., up $6.73 at $55.68

The maker of SuperPretzel soft pretzels, Luigi's Italian ice and Icee-branded drinks said that its net income rose 20 percent.

[Associated Press]

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