Sealy, Jos. A. Bank, Synnex are market movers

[March 29, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Sealy Corp., up 12 cents at $2

The mattress company posted a first-quarter profit thanks to its new expensive mattress line, Next Generation Stearns & Foster.

Christopher & Banks Corp., down 37 cents at $1.99

The women's clothing retailer posted a fourth-quarter loss of $31.7 million as revenue from stores open at least a year fell.

Oxford Resource Partners LP, down 48 cents at $8.66

A Raymond James analyst downgraded shares of the coal company to "Underperform" after an important contract was canceled.

Synnex Corp., down $5.46 at $38.18

The back-office services provider's first-quarter profit rose 29 percent, but its second-quarter outlook was below expectations.

Huntington Ingalls Industries Inc., up $2.56 at $40.46

The company said its fourth-quarter net income rose 10 percent due to the strength of its Newport News shipbuilding business.

Nasdaq

Jos. A. Bank Clothiers Inc., down $4.66 at $49.82

The men's clothing company said that its fourth-quarter profit rose, but it also warned that its first-quarter sales were slower.

Google Inc., up $8.74 at $655.76

A Citi analyst upgraded his target price for the Internet search company's stock to $750 from $680 and reiterated his "Buy" rating.

DirecTV, up 63 cents at $48.83

A Citi analyst upgraded the satellite TV broadcaster's stock rating to "Buy" citing its fast-growing Latin America business.

[Associated Press]

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