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LinkedIn, Teradata, MSG are big movers
AP /
May 3, 2013
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
LinkedIn Corp., down $26.08 at $175.59
The online professional networking firm said it expects earnings growth to slow this year as it hires more workers.
Weight Watchers International Inc., up 53 cents at $42.84
The weight-management company reported results for its first quarter that beat Wall Street expectations.
Furniture Brands International Inc., down 14 cents at $95
The furniture company reported a loss during its first quarter as sales declined at its Thomasville company owned stores.
Teradata Corp., down $2.41 at $50.65
The data management company said first-quarter profit dropped 35 percent as the year got off to a slow start.
Nasdaq
The Madison Square Garden Co., up 21 cents at $60.71
The owner of the New York Knicks and the New York Rangers reported a 24 percent jump in net income during its fiscal third quarter.
The Chefs’ Warehouse Inc., up $1.95 at $19.73
A Canaccord analyst kept his ‘‘Buy’’ rating on the food seller, saying its acquisition strategy is adding to growth.
Gilead Sciences Inc., up $2.97 at $55.15
The HIV drug maker said net income jumped 63 percent in the first quarter on lower costs and more drug sales.
Arena Pharmaceuticals Inc., down 77 cents at $7.63
The drugmaker’s first-quarter loss narrowed, as it awaits a government regulators’ decision on the status of its weight-loss drug.
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