Monday, November 26, 2012 5:27 pm
Apple, DreamWorks, Chico's are market movers
The Associated Press
Chico's FAS Inc., down 52 cents at $18.24
A FBR Capital Markets analyst downgraded the clothing retailer's stock rating and price target, saying its earnings growth may slow.
Aeropostale Inc., down 68 cents at $13.77
A Janney Capital Markets analyst downgraded the clothing seller's stock saying that teens might be spending their money elsewhere.
Exelon Corp., up 75 cents at $29.32
A Deutsche Bank analyst upgraded his rating on the utility holding company to a "Buy" after a selloff of the company's stock.
The McGraw-Hill Cos. Inc., up 20 cents at $51.89
The financial information company is selling its education arm to private equity firm Apollo Global Management LLC for $2.5 billion.
Zale Corp., down 25 cents at $4.78
Shares of the jewelry retailer continued to fall after posting a larger-than-expected loss for its fiscal first quarter last week.
James River Coal Co., up 25 cents at $2.74
A Raymond James analyst upgraded the coal producer, saying that the stock may trade higher this winter as natural gas prices rise.
DreamWorks Animation SKG Inc., down 94 cents at $17.11
The film studio's shares fell after a weak opening for "Rise of the Guardians," a movie that combines five famous children's tales.
Apple Inc., up $18.03 at $589.53
A Citi analyst reinstated coverage of the iPhone maker's shares with a "Buy" rating, saying the shares are poised to recover after a recent slide.