6 Super Hot Movers: Darden Drops 9%, AutoZone Pops, and BP Goes After Halliburton
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Despite recent turbulence in the airline industry, shares of Southwest Airlines Co. (NYSE:LUV) are flying 2.29% higher in early trading. The company expects another exceptional month for December. For November, the company experienced a 9% increase in its unit revenue. Competitors include: United Continental Holdings, Inc. (NYSE:UAL) and JetBlue Airways (NASDAQ:JBLU).
Before the opening bell, shares of Darden Restaurants Inc. (NYSE:DRI) dropped more than 9%. The company expects a weaker quarter due to struggles at The Olive Garden.
Shares of AutoZone (NYSE:AZO) are racing 1.4% higher in early trading. The company reported strong quarterly results. Net earnings increased 11% to $191.1 million ($4.68 per share), compared to $172.1 million ($3.77 per share) last year. Competitors include: Pep Boys (NYSE:PBY) and O’Reilly Automotive, Inc. (NASDAQ:ORLY).
Lowe’s Companies (NYSE:LOW) is edging lower, despite reaffirming its fiscal-year earnings outlook. The company expects to earn $1.37 to $1.40 per share for fiscal 2012, which ends February 3. Home Depot Inc. (NYSE:HD) is also edging lower.
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