Autodesk, Ryder, Sara Lee are big market movers
NEW YORK—Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
American Eagle Outfitters Inc., up 48 cents at $13.91
The teen retailer said that its third-quarter net income rose 59 percent and the company said that its holiday sales were off to a good start.
Ryder System Inc., up $3.35 at $52.28
A KeyBanc Capital Markets analyst kept his "Buy" rating on the truck rental and leasing company, citing increased lease activity.
Under Armour Inc., up $3.02 at $81.33
A Sterne Agee analyst reiterated his "Buy" rating on the athletic clothing and shoe company citing potential growth opportunities.
OM Group Inc., up $2 at $22.75
A KeyBanc analyst upgraded the chemical company to "Buy" saying that the stock's decline and positive outlook may attract investors.
GameStop Corp., up 37 cents at $23.12
A Sterne Agee analyst said that the video game retailer's holiday sales look promising based on how the company did in November.
Sara Lee Corp., up 59 cents at $18.96
The food maker is buying facilities provider ISS A/S' House of Coffee business with joint venture partner Kaffehuset Friele.
Jos. A Bank Clothiers Inc., down $1.89 at $49.28
The men's clothing retailer said that its third-quarter net income rose 19 percent, but it warned that its fourth quarter started slower than expected.
Autodesk Inc., up $2.58 at $34.07
The design software maker said it will buy software company Horizontal Systems to boost its presence in cloud-based computing.