$0.68
9.8%
Shares of Friedman, Billings, Ramsey Group Inc. rose to $7.59. The investment bank said fourth-quarter profit, excluding items, was 12 cents a share, beating estimates by 2 cents a share.
-$4.06
12.1%
K-Swiss Inc. stock plunged to $29.43. The shoe designer and manufacturer forecast profit of $1.20 to $1.50 a share this year. That would miss the $2.11 a share expected by Wall Street.
$1.74
7.4%
Shares of National Semiconductor Corp. climbed to $25.39. The maker of chips that extend battery life in mobile phones was raised to “overweight” from “equal weight” at Morgan Stanley.
-$3.06
8%
Patterson Cos. stock fell to $35.19. The supplier of dental gear reduced its 2007 earnings forecast, saying it would earn $1.52 to $1.54 a share, down from an earlier estimate of $1.54 to $1.57 a share.
$2.66
10.1%
ValueClick Inc. stock jumped to $29.13. The Internet advertising company said it earned 22 cents a share in the fourth quarter. Analysts had expected profit of 19 cents a share.
-$1.80
2.2%
Shares of Abercrombie & Fitch Co. slid to $80.20. The casual clothing retailer for teens and college students forecast first-quarter per-share profit that would fall short of Wall Street estimates.
