NYSE Movado Group Inc., down $3.89 at $33.23 The watch makers 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 womens clothing retailers fourth-quarter net income fell 22 percent, and it warned that bad weather may hurt sales this year. Tillys 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 companys Asian assets. Scholastic Corp., down $4.32 at $26.75 The publishers 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.
The Associated Press