CBS and Zynga are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
CBS Corp., up $2.06 to $59.83
Higher ad sales and hawking the rights to its shows boosted the media company’s fourth-quarter sales.
Campbell Soup Co., down 84 cents to $46.88
A stronger U.S. dollar is hurting the soup seller, which cut its outlook for the second time in three months.
ConAgra Foods Inc., down $1.59 to $34.83
The Slim Jim maker cut its outlook for the year, hurt by the stronger dollar, and hired a new CEO.
Heartland Payment Systems Inc., down $5.71 to $49.42
The payment processor’s fourth-quarter results and profit outlook for the year were worse than expected.
Zynga Inc., down 42 cents to $2.24
The maker of online games “Farmville” and “Mafia Wars” issued an outlook that was short of Wall Street’s view.
Red Robin Gourmet Burgers Inc., down 20 cents to $77.77
The restaurant chain reported fourth-quarter results that missed Wall Street expectations.
Ruth’s Hospitality Group Inc., up 88 cents to $15.73
The operator of the Ruth’s Chris Steak House restaurant chain reported better-than-expected fourth-quarter profit.
Columbia Sportswear Co., up $7.91 to $51.50
The company behind the Columbia, Sorel and prAna brands posted better-than-expected fourth-quarter results.