AP News

Nokia, Sprint, Wendy's are market movers


NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Nokia Corp., up 19 cents at $2.76

The cellphone maker reached a deal to make its maps and location services available to customers of business software maker Oracle Corp.

Generac Holdings Inc., up $2.14 at $25.03

Thanks to stronger demand for its portable generators, the company posted higher-than-expected third-quarter earnings guidance.

Callaway Golf Co., up 26 cents at $6.40

A Raymond James analyst upgraded shares of the golf clubs and golf balls maker to a "Strong Buy," citing its turnaround potential.

Sprint Nextel Corp., down 34 cents at $5.18

A Raymond James analyst downgraded shares of the wireless carrier to "Market Perform" from "Outperform" on the stock's recent rise.

Nasdaq

Cal-Maine Foods Inc., up 80 cents at $45.74

The egg producer said that its fiscal first-quarter net income more than tripled, boosted by higher pricing and sales volumes.

Jakks Pacific Inc., down 57 cents at $14

The toy maker cut its outlook due to weak sales in the U.S., a slowdown in orders and higher advertising expenses.

Conns Inc., up $1.57 at $23.62

A Canaccord analyst initiated coverage of the electronics and appliance store chain with a "Buy" rating, citing its growth prospects.

The Wendy's Co., down 28 cents at $4.25

A Janney Capital Markets analyst downgraded shares of the fast-food chain saying a key third-quarter revenue metric may disappoint.


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