Friday, May 18, 2012

Friday’s biggest gaining and declining stocks

Friday’s biggest gaining and declining stocksAtlanta, GA 5/18/12 (StreetBeat) -- Here are some of the stocks making notable moves in Friday trading:


AngloGold Ashanti Ltd. (NYSE: AU +6.26%) added about 5%. The stock also rose on Thursday, when hedge-fund manager John Paulson made positive comments about the stock at a conference in New York. Paulson rarely speaks publicly about his positions and strategies. Inc. (NYSE: CRM +9.78%) shares added 10% after the business software company reported stronger-than-expected results and its sales outlook beat Wall Street’s estimates.

Foot Locker (NYSE: FL +9.71%) rose 9% after posting a 30% jump in first-quarter profit while handily surpassing Wall Street’s top and bottom line estimates.

And Brown Shoe (NYSE: BWS +17.81%), the parent of the Famous Footwear chain, rose 12% after its adjusted first-quarter profit topped analyst estimates. The company also raised its full-year outlook.


Autodesk Inc. (Nasdaq: ADSK -15.97%) shares fell 15%. On Thursday, the company issued a cautious forecast for earnings and revenue in the second quarter of fiscal 2013.

Kirkland’s (Nasdaq: KIRK -14.01%) fell 14% after reporting a drop in quarterly profit on the back of slumping sam-store sales.

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