Wall Street Movers

Guess, Oracle, Scholastic

Updated: 2013-03-21T21:47:06Z

The Associated Press

NYSE Movado Group Inc., down $3.89 at $33.23 The watch maker’s fourth-quarter net income fell 26 percent on a charge related to repositioning the Coach watch brand. The Cato Corp., down $1.45 at $24.27 The women’s clothing retailer’s fourth-quarter net income fell 22 percent, and it warned that bad weather may hurt sales this year. Tilly’s Inc., down $1.16 at $12.60 The retailer posted a disappointing forecast for the fiscal year, citing economic uncertainty and slow customer traffic in February. Guess Inc., down $1.94 at $25.01 The clothing company said its fiscal fourth-quarter dropped 24 percent as the company discounted more of its clothing. Jabil Circuit Inc., down 88 cents at $18.60 The contract electronics manufacturer said net income fell by 9 percent during its fiscal second quarter. Nasdaq Yahoo Inc., up 77 cents at $22.86 An analyst from Oppenheimer upgraded the Internet company, partly on the value of the company’s Asian assets. Scholastic Corp., down $4.32 at $26.75 The publisher’s fiscal third-quarter loss nearly doubled because of waning demand for its best-selling “The Hunger Games” books. Oracle Corp., down $3.47 at $32.30 The technology company reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems.

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