NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Best Buy Co., up 87 cents to $26.22
Net income topped Wall Street expectations for the first quarter, though sales fell short and the company sees light sales ahead.
Hewlett Packard Co., down 74 cents to $31.78
The technology giant said it is cutting another 11,000 to 16,000 jobs and gave an outlook below expectations.
Nabors Industries Ltd., up 67 cents to $26
Analysts with Jefferies & Co. added the energy services company to their “buy” list, citing revenue growth and good cash flow.
SodaStream International Ltd., down $1.40 to $38.22
Analysts with Barclays believe the soda machine maker is a bit flat, with sales in the crucial U.S. market falling sharply.
Sears Holdings Corp., up $1.54 to $38.10
The retailer signalled that it may close more stores after losses widened during the first quarter and sales fell 7 per cent.
Dollar Tree Inc., up $3.31 to $53.31
Shares hit two-month highs after the discount retailer topped profit expectations and its sales momentum carried into May.
Children’s Place Retail Stores Inc., up $2.20 to $47.69
First-quarter net income slid 29 per cent at the retailer, but that was not as bad as many industry watchers had anticipated.
Zillow Inc., up $5.28 to $114.32
The CEO of the online real estate information service said that the company could move aggressively into the rentals market.