JC Penney, Roundy's, Teekay are market movers

JC Penney, Roundy's, Teekay, Monster Beverage are market movers

Associated Press

NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

J.C. Penney Co. Inc., up $1.30 at $23.40

The department chain posted a second-quarter loss but investors embraced CEO Ron Johnson's reassurances that the company's turnaround is taking hold.

AllianceBernstein Holding LP, up 78 cents at $13

A Citi analyst upgraded his stock rating on the asset manager to "Buy" from "Neutral," citing the company's improving profitability.

Fusion-io Inc., up $5.84 at $26.86

The maker of chip-based computer memory drives reported fiscal fourth-quarter results above Wall Street's expectations.

Roundy's Inc., down $2.52 at $7.71

A Jefferies & Co. analyst downgraded the grocer's stock rating to "Hold" from "Buy," citing the slowing economy and growing competition.

Nasdaq

Jones Soda Co., up 3 cents at 35 cents

The maker of specialty sodas and WhoopAss energy drinks said it narrowed its second-quarter loss on higher sales and lower costs.

Teekay Corp., down $1.43 at $31.02

The Canada-based oil tanker operator posted a big loss in the second quarter, mainly due to the declining value of derivatives.

Monster Beverage Corp., down $6.93 at $54.27

The energy drink maker said that it is being investigating for its advertising practices by a state attorney general's office.

FXCM Inc., down 35 cents at $9.81

The currency trading company posted a $1.4 million loss in the second quarter as the number of trades the company made fell.

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