The Adobe Flash Player is required to view this multimedia interactive. Get it here.

Gap, Viacom, Mastercard are market movers

The Associated Press 4:56 PM Thursday, February 2, 2012

NEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Abercrombie & Fitch Co., down $6.43 at $40.40

The teen retailer said its fourth-quarter adjusted earnings and revenue will likely disappoint Wall Street due to higher cotton costs.

Gap Inc., up $2.07 at $21.52

Revenue at the retailer's stores open at least a year fell 4 percent, but the drop was smaller than what analysts predicted.

Mastercard Inc., up $23.95 at $381.57

The payments processor's fourth-quarter earnings topped expectations as shoppers used their debt and credit cards more.

RailAmerica Inc., up $2.04 at $17.24

The freight railroad company plans to buy Marquette Rail for $40 million and buy an interest in two other railroads for $18 million.

Starwood Hotels & Resorts World Inc., down 83 cents at $54.22

The operator of the Sheraton and Westin hotels said that its fourth-quarter profit dropped 51 percent on impairment charges.

ANN Inc., down $1.65 at $22.91

The retailer cut its revenue prediction for the quarter that ended in January, citing slumping sales at its Ann Taylor stores.

Nasdaq

Green Mountain Coffee Roasters Inc., up $12.79 at $66.42

The maker of single-cup coffee brewers said its first-quarter profit beat expectations on strong sales of its Keurig coffee products.

Viacom Inc., down 59 cents at $52.36

The owner of MTV and Comedy Central posted a 65 percent drop in net income on a charge related to the "Rock Band" video games.

___

February 02, 2012 09:51 PM EST

Share this article

Keep up with business news and get breaking business news alerts with the Dayton B2B e-mail newsletter.

Print subscription & E-dition access

Add your business listing for free right now!

By using this site, you accept the terms of our Visitors Agreement and Privacy Policy. AdChoices. You may wish to note our other business policies.