Tiffany, Kodak, WebMD, DSW are big movers

[January 11, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Tiffany & Co., down $7 at $59.94

The jewelry retailer said that its U.S. sales growth weakened as shoppers pulled back on buying pricey baubles during the holidays.

Eastman Kodak Co., up 20 cents at 60 cents

The troubled photography company said it has restructured its business in an effort to cut costs and create shareholder value.

DSW Inc., up $5.47 at $48.11

The footwear retailer raised its 2011 earnings guidance citing stronger sales and said it will open 35 to 40 new stores in 2012.

Liz Claiborne Inc., down $1.29 at $8.64

The clothing maker cut its fiscal 2012 adjusted earnings outlook and said that its chief financial officer will leave in March.

Dana Holding Corp., up $1.05 at $14.19

The auto parts maker cut its 2011 adjusted earnings per share outlook, but predicted 2012 profit growth that topped expectations.

Nasdaq

WebMD Health Corp., down $10.48 at $26.25

The healthcare information services provider said its CEO resigned and said it stopped exploring a possible sale of the company.

Lululemon Athletica Inc., up $6.43 at $59.87

The athletic gear retailer raised its fiscal fourth-quarter earnings and revenue outlooks citing its better-than-expected revenue.

Fossil Inc., up $1.69 at $80.67

The Richardson, Texas-based watchmaker said it will buy its rival, Skagen Designs Ltd., for $236.8 million in cash and stock.

[Associated Press]

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