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Friday, November 13, 2009
Market Winners & Losers: Abercrombie & Fitch, Genzyme
By David O'Brien
FOXBusiness
The major indexes closed the week on a winning note, making up most of Thursday’s losses. The Dow closed up 0.7%, the S&P 500 added 0.6% and the Nasdaq gained 0.9%.
Here are Friday’s winners and losers:
Winners
Abercrombie & Fitch Co. (ANF)
The teen apparel retailer’s shares jumped 10.7% after releasing a better-than-expected quarterly earnings report. ANF shares
last traded at $40.68, a gain of $3.92 on the day.
Sears Holding Corp. (SHLD)
SHLD shares rose 6.7% as the company prepares to release earnings in the week to come. The stock closed at $74.54, up $4.68
on the day.
J.C. Penney Co. Inc. (JCP)
The retailer’s shares jumped 6.2% on the last day of the week, adding $1.82 on the day to settle at $31.21.
Juniper Networks Inc. (JNPR)
Shares of the communications-equipment manufacturer gained 5.9% after Oppenheimer upgraded the stock to Outperform. JNPR shares
ended Friday at $26.15, up $1.45 on the day.
Salesforce.com Inc. (CRM)
The software provider’s stock closed up 5.1% after Caris & Co. upgraded the company. CRM shares last traded at $66.13,
a gain of $3.23 on the day.
Losers
Genzyme Corp. (GENZ)
The pharmaceutical company saw its stock sink 7.3% after the FDA discovered some of its drugs contain contaminants. GENZ shares
closed at $49.28, a loss of $3.89 on the day.
MBIA Inc. (MBI)
The insurer continued its losing streak, with the stock falling 4.8% Friday. MBI shares finished trading at $3.56, a loss
of 18 cents on the day.
GameStop Corp. (GME)
The video-game retailer’s shares dropped 3.8%, or 93 cents, to close the final session of the week at $23.69.
Legg Mason Inc. (LM)
The investment-management company saw its shares dip 2.7%, or 84 cents, to end Friday’s session at $30.77.
Northern Trust Corp. (NTRS)
The financial-holding company’s shares slid 2.3%, or $1.14, to close the final session of the week at $48.04.
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