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Major Movers on July 17; MAT, YHOO, URI, STJ, ZAGG

Shares of Mattel Inc. (NASDAQ: MAT) plunged about 7.20% by afternoon trade. The toymakers said that net income fell 24% for the fiscal second quarter. The bottom line felt the pressure due to flagging sales of Barbie line of products and a write-down of $14 million, linked to Polly Pocket line of products.

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St. Jude Medical’s Q2 Results Beats Forecast, Shares Gain (STJ)

Cardiovascular medical devices maker, St. Jude Medical Inc. (NYSE: STJ) reported on Wednesday that its fiscal second-quarter profit plunged 53% as higher debt repayment expenses, charges related to restructuring and lower sales due to unfavorable trends in foreign exchange market, weighed on the bottom line.

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Major Gainers and Losers on November 21; CRM, STJ, SKX, SCHL

Shares of Salesforce.com Inc. (NYSE: CRM), a provider of enterprise cloud computing and social enterprise solutions, are soaring in trading today. At last check, CRM shares were trading 8.49% higher at $158.29 on above average volume of 5.32 million. The stock hit an intra-day high of $158.29 in trading today.

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