Visa, Bon-Ton, Zumiez are market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
Visa Inc., up $5.12 at $143.88
The payments processing company posted fourth-quarter results that beat Wall Street's expectations thanks to overseas growth.
Scripps Networks Interactive Inc., up $1.80 at $62.52
The operator of cable networks such as Food Network and HGTV, said that its third-quarter net income grew 20 percent.
Bon-Ton Stores Inc., up $1.23 at $13.49
Revenue at the retailer's stores open at least a year rose 3.7 percent in October on strong sales of dresses, shoes and outerwear.
Ross Stores Inc., down $3.82 at $57.13
The retailer said that revenue at stores open at least a year climbed 4 percent in October, short of Wall Street's expectations.
Zumiez Inc., down $4.19 at $21.13
The retailer lowered its third-quarter earnings guidance due to lower than expected sales because of the weak economy in Europe.
Wet Seal Inc., up 15 cents at $3.01
The teen retailer's revenue at stores open at least a year fell 7.6 percent in October, but it still beat analysts' expectations.
Catamaran Corp., up $4.04 at $51.20
The pharmacy benefit management company said its third-quarter earnings fell 19 percent, but it raised its earnings forecast for the year.
ArthroCare Corp., up $1.91 at $31.99
The medical product maker said that its profit rose in the third quarter on higher surgical tool sales and reduced expenses.