Market Roundup (THO, GOOG, STX, RIMM, SVU, KR, SWY)

Shares of Thor Industries THO dipped about 12% after the company reported weaker-than-expected Q1 profit. The company's margins also dropped on year-over-year basis. Shares of THO have gained 18.24% over the past 52 weeks. US Technology stocks are lower, with Google Inc GOOG as the top loser in the list. Shares of Seagate Technology STX dropped about 2.7% after the company terminated the leveraged buyout discussions with private equity firms. The Philadelphia Semiconductor Index (SOX) lost about 1.3%. Shares of Research In Motion Ltd RIMM gained about 5.5% after Jefferies & Co upgraded the stock to a “buy” rating. Shares of RIMM rose 0.56% over the previous week. Supervalu SVU and Kroger KR were among the top gainers on the S&P 500 Index. Shares of SVU gained about 2.9%, while shares of Kroger rose about 1.4%. Kroger is all set to report its quarterly earnings on December 2. Shares of Safeway SWY gained about 1.31%. Read more from Benzinga's Markets.
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Posted In: EarningsNewsUpgradesIntraday UpdateMarketsAutomobile ManufacturersCommunications EquipmentComputer Storage & PeripheralsConsumer DiscretionaryConsumer StaplesFood RetailInformation TechnologyInternet Software & ServicesMarket Roundup
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