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OfficeMax, AOL, Zillow Are Market Movers

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

NYSE

OfficeMax Inc., up 89 cents at $8.33

The office supply retailer said that cutting costs pushed its third-quarter net income higher, despite weak demand for electronics.

Medifast Inc., up $2.29 at $29.11

Thanks to new advertising and programs, the weight-loss company said its third-quarter profit rose more than 40 percent.

AOL Inc., up $7.89 at $43.70

The Internet company posted a third-quarter profit, reversing a loss a year earlier. The results beat Wall Street's expectations.

Weight Watchers International Inc., up $7.89 at $55.37

The weight-loss company said that its third-quarter earnings fell, but its results still easily beat Wall Street expectations.

Nasdaq

Express Scripts Holding Co., down $7.73 at $55.15

The pharmacy benefit manager posted a 20 percent rise in third-quarter profit, but warned that its results could be weaker in 2013.

Fossil Inc., down $9.86 at $84.24

The maker of watches and other fashion accessories reported third-quarter revenue short of Wall Street expectations.

Zillow Inc., down $6.22 at $28.15

The real estate website posted a third-quarter profit, but its revenue outlook for the current quarter missed Wall Street's expectations.

Vivus Inc., down $3.13 at $11.82

The drug maker said that sales of its new weight loss drug Qsymia are hurt by limited insurance coverage and high copays.

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Copyright: (c) 2012 The Associated Press. All rights reserved.
Source: Associated Press
Wordcount: 230


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