Wednesday, May 09, 2012
Chiquita, Macy's, AOL are market movers
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Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Chiquita Brands International Inc., down $2.32 at $5.70

The produce company posted a first-quarter loss, hurt by charges and lower banana prices. The results were below analysts' expectations.

Dean Foods Co., up $1.43 at $14.15

The dairy company said its first-quarter profit rose on higher sales and its outlook was above Wall Street expectations.

Macy's Inc., down $1.46 at $38.05

The department store chain's first-quarter profit rose 38 percent, but it left its annual outlook unchanged, spooking investors.

AOL Inc., up 89 cents at $26.47

The internet company said that its first-quarter net income grew sharply, helped by lower operating expenses even as revenue fell.

Callon Petroleum Co., up 62 cents at $5.49

A Baird analyst upgraded the oil and gas company's stock to an "Outperform" rating saying that Tuesday's sell-off was "overdone." Continued...

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