Yahoo, Guess, Scholastic are big movers

Yahoo, Guess, Scholastic, Guess, Movado are big market movers on Thursday

Associated Press

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

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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