Mylan, J.C. Penney, General Motors, Sears and YRC are big market movers

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NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Best Buy Co. Inc., down 25 cents to $25.57

The electronics retailer returned to a profit and topped Wall Street expectations as it cut costs to offset declining sales.

J.C. Penney Co. Inc., up $1.51 to $7.47

Sales at stores open at least a year rose for the first time in two years, lessening fears about the rate at which the retailer burns through cash.

General Motors Co., down 6 cents to $36.77

The U.S. auto safety watchdog is investigating whether the automaker acted quickly enough to recall cars in a case linked to 13 deaths.

Darling International Inc., down 7 cents to $20.22

The rendering, cooking-oil and bakery-waste recycling technology company, fell short of expectations for profit and revenue.

Nasdaq

Sears Holdings Corp., up $2.61 to $43.01

Quarterly losses narrowed as the department store trimmed expenses and reduced inventory, though revenue fell as it closed stores.

Mylan Inc., up $4.85 to $56.27

The generic drugmaker saw an 11 per cent increase in its fourth-quarter earnings, topping expectations despite a rise in expenses.

Wendy’s Co., down 20 cents to $9.94

The hamburger chain’s fourth-quarter earnings topped Wall Street expectations but its sales were under some pressure and revenue fell short.

YRC Worldwide Inc., up $3.37 to $26

Operating revenue pushed the trucking company back into positive territory for the quarter and overall revenue rose 3 per cent.

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