Pep Boys SAN FRANCISCO (MarketWatch) — Shares of Pep Boys-Manny Moe & Jack fell in the extended session Monday even as the auto parts retailer turned in a narrower quarterly loss on lower revenue.
/quotes/zigman/238035/delayed/quotes/nls/pby PBY 11.97, +0.08, +0.67% Pep Boys 12-month stock price
Pep Boys (PBY) shares fell 6.3% to $11.22 on moderate volume.
The company reported a fourth-quarter loss of 6 cents a share on revenue of $530.8 million. The two analysts who follow Pep Boys had forecast an average of 4 cents a share in earnings of revenue of $531.2 million.
Pep Boys said retail tire prices are below last year's levels and will weigh on sales through the second quarter of 2014.
Shares of FedFirst Financial Corp. (FFCO) rose 9.7% to $22 on light volume. Shares had been halted at $20.06 after the bell pending news.
FedFirst, the parent company of First Federal Savings Bank, said it was merging with CB Financial services in a stock and cash transaction valued at $54.5 million. FedFirst shareholders will get $23 a share in cash or 1.1590 shares of CB stock.
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