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Netflix, Starbucks, Hasbro are market movers


February 20. 2013 3:38AM
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(AP) Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:


NYSE


Hasbro Inc., down $1.14 at $37.31


Due to weak holiday demand, the toy maker's fourth-quarter revenue didn't meet expectations. It will cut 10 percent of its workforce.


Procter & Gamble Co., up $2.83 at $73.25


The consumer products maker said that its fiscal second quarter net income more than doubled and boosted its profit outlook.


Halliburton Co., up $1.91 at $39.72


The energy services company said that its net income for the fourth quarter fell 26 percent, but the results beat expectations.


Oshkosh Corp., up $6.50 at $41.08


The truck maker reported a 20-percent rise in fiscal first-quarter net income and boosted its guidance for the full year.


Nasdaq


Starbucks Corp., up $2.24 at $56.81


Thanks to higher global sales, the coffee chain said its profit rose 13 percent in the latest quarter, meeting expectations.


Netflix Inc., up $22.70 at $169.56


The online video service's stock continued to rise after the company posted strong fourth-quarter results this week with a rise in subscribers.


Select Comfort Corp., down $5.04 at $23.16


The mattress maker posted fourth-quarter results that missed Wall Street expectations and it issued a disappointing full-year outlook.


Flextronics International Ltd., down 28 cents at $6.44


The electronics designer and maker said its third quarter net income fell on restructuring charges, and it posted a weak forecast.


Associated Press


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