Wednesday, February 06, 2013 4:41 pm
Ralph Lauren, Zynga, Chipotle are market movers
The Associated Press
Ralph Lauren Corp., up $9.72 at $174.63
With rising sales of its designer clothing, the company posted a 27 percent profit increase in its fiscal third-quarter.
Moneygram International Inc., up $1.21 at $15.33
The money transfer company said that its fourth-quarter net income rose as fee revenue increased from completing more transfers.
Time Warner Inc., up $2.05 at $52.01
Higher ad revenue at its TV networks helped push the media company's net income up 51 percent in the last three months of 2012.
The Scotts Miracle-Gro Co., up 25 cents at $44.17
The lawn care products maker narrowed its loss in its fiscal first quarter and expects a better year ahead.
Wyndham Worldwide Corp., up $3.81 at $60.01
The hotel company said that its fourth-quarter net income rose 45 percent, helped by its lodging and vacation ownership businesses.
Chipotle Mexican Grill Inc., up $17.45 at $322.46
Adding new locations helped push the Mexican restaurant chain's net income up nearly 7 percent during the fourth quarter.
Metals USA Holdings Corp., up $2.35 at $20.65
Reliance Steel & Aluminum Co., which distributes thousands of metal products, is buying the steel and metals company for about $766.1 million.
Zynga Inc., up 25 cents at $2.99
The maker of online games such as "FarmVille" said that its fourth-quarter loss narrowed as it cut costs and laid off workers.