Big Movers in the Stock Market
NEW YORK (AP) _ Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market.
PerkinElmer Inc., up $1.41 at $22.04
The maker of analytical instruments on Thursday said it agreed to sell its aerospace unit and plans to shed its chip- and fluid-testing business for total estimated proceeds of $400 million.
Apria Healthcare Group Inc., down $4.51 at $27.05
The home healthcare provider lowered its revenue and earnings outlook for the year as sales growth retreated to less than 1 percent in the third quarter.
Oxford Industries Inc., up $4.55 at $49.47
The clothing company said late Thursday its first-quarter profit more than doubled on strength in its Tommy Bahama brand.
Research In Motion Ltd., down $3.80 at $63.17
A federal appeals court refused a request to reconsider an earlier ruling upholding patent-infringement claims against the BlackBerry handheld maker.
UTStarcom Inc., down $1.99 at $5.66
The telecommunications firm blamed its third-quarter profit warning on a customer delay and said regulators have launched a probe into its financial reports.
Steven Madden Ltd., up $2.50 at $25.30
The footwear company forecast third-quarter earnings well about Wall Street estimates on above-plan sales in its wholesale and retail divisions.