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Abercrombie, Digital River, Hain Celestial: U.S. Equity Movers

Aug. 17 (Bloomberg) -- Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 4 p.m. in New York.

Abercrombie & Fitch Co. (ANF US) declined 8.7 percent to $64.87 for the second-biggest loss in the Standard & Poor’s 500 Index. The teen retailer reported second-quarter adjusted earnings of 35 cents a share, beating the average analyst estimate of 30 cents a share, Bloomberg data show.

Blue Coat Systems Inc. (BCSI US) plunged 25 percent, the most in the Russell 2000 Index, to $13.31. The provider of Internet security for corporations said its first-quarter earnings excluding some items were 18 cents a share, missing the average estimate of analysts surveyed by Bloomberg of 21 cents a share.

Clearwire Corp. (CLWR US) jumped the most in the Russell 1000 Index, climbing 27 percent to $2.33. Chairman John Stanton bought 2.76 million shares of the money-losing wireless broadband provider from Aug. 12 to yesterday, according to a regulatory filing.

Dell Inc. (DELL US) declined 10 percent, the most in the S&P 500, to $14.20. The second-largest personal-computer maker reported second-quarter sales that missed analysts’ estimates, hurt by a slump in desktop PC and consumer spending. It reported second-quarter earnings of 54 cents a share, beating the average estimate of analysts surveyed by Bloomberg of 49 cents a share.

Bigger rival Hewlett-Packard Co. (HPQ US) fell the most in the Dow Jones Industrial Average, dropping 3.7 percent to $31.39.

Digital River Inc. (DRIV US) slumped 7.4 percent to $20.59, the lowest price since January 2009. The company that builds and manages online businesses was cut to “underweight” from “equal weight” at Morgan Stanley.

Eastman Kodak Co. (EK US) jumped 26 percent, the most since March 2009, to $2.69. The 131-year-old camera company may hold patents worth five times more than the business itself, making it a takeover target. The digital-imaging patents owned by Kodak may now be worth $3 billion in a sale, MDB Capital Group said.

Flower Foods Inc. (FLO US) lost 9.5 percent, the most since October 2008, to $19.28. The maker of packaged bakery foods reported second-quarter adjusted earnings of 23 cents a share, missing the average analyst estimate by 3 cents.

IRobot Corp. (IRBT US) advanced 6.7 percent, the most since April 13, to $29.34. The maker of robots that vacuum and wash floors will join the S&P SmallCap 600 Index on Aug. 19, S&P said. It will replace EMS Technologies Inc. (ELMG US), which is being bought by Honeywell International Inc. (HON US)

Tennant Co. (TNC US) added 5.5 percent to $40.07. The maker of floor coatings will replace Gerber Scientific Inc. (GRB US) in the small-cap gauge on a date to be determined, S&P said, as Gerber is being bought by private-equity firm Vector Capital.

MarketAxess Holdings Inc. (MKTX US) rallied 14 percent to $27.45, the highest price since it went public in 2004. The operator of an electronic trading system for fixed-income securities is considering a sale, a person familiar with the decision said.

Photronics Inc. (PLAB US) surged 29 percent to $7.24 for the biggest gain in the Russell 2000 Index. The maker of imaging technology said its third-quarter earnings excluding some items were 23 cents a share, beating the average analyst estimate of 19 cents a share.

Xueda Education Group (XUE US) decreased 8.4 percent to $7.33, the lowest price since July 19. The Beijing-based provider of tutoring services for primary and secondary school students in China forecast third-quarter sales of $52 million at most, trailing the average analyst estimate of $55.9 million in a Bloomberg survey.

To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

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