NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Macy's Inc., down $1.60 to $63.73. Pall Corp., up $5.27 to $123.89.
PLYMOUTH, Minn.— Arctic Cat plans to make a nearly $27 million investment in its facilities at two locations in Minnesota. In St. Cloud, Arctic Cat will invest about $400,000 to expand its engine manufacturing facility and add 10 positions. Arctic Cat posted revenue of nearly $99 million for the period, against Wall Street analysts' expectations of $111 million.
PLYMOUTH, Minn. _ Arctic Cat Inc. on Wednesday reported a loss of $21.5 million in its fiscal fourth quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $1.17 per share. Arctic Cat expects full-year earnings to be 80 cents to 95 cents per share, with revenue in the range of $690 million to $705 million.
In addition to corporate deals and earnings news, traders had their eye on the Commerce Department's latest monthly snapshot of retail sales. The report, a bellwether for consumer spending, showed retail sales were essentially flat in April, falling short of Wall Street's forecasts. "The retail sales numbers were really crucial in terms of assessing whether or...
Friday's midday movers:
No matter where you put money to work, the snowmobile business presents a critical lesson for investors.
Take a look at some of Thursday midday movers:
MINNEAPOLIS-- Arctic Cat Inc. said Thursday its fiscal second-quarter net income rose 17 percent on demand for new recreational vehicles. Arctic Cat began shipping its new 2013 model year all-terrain and recreational vehicles during the quarter.
Take a look at some of Tuesday's midday movers:
The S&P small-cap 600 index reached a new high Tuesday as U.S. equities appear to be on track to close the first quarter of 2012 with their best performance since 1998.
CNBC's Brian Sullivan reports on two stocks going in opposite directions: JPMorgan turning bearish on Molycorp, and Arctic Cat shares soar on stock buyback.
In the $5 billion market for A.T.V.’s, the skyrocketing growth of Chinese imports is becoming the latest challenge for the Consumer Product Safety Commission, which is starting a global campaign to improve the safety of a product that kills more people — about 900 a year — than any of the 15,000 other products the commission regulates. The New York Times reports.