NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:
Macy’s Inc., up 74 cents to $36.89
The department store operator will eliminate 4,800 jobs as it tries to rebound from a weak holiday season.
KB Home, down $1.74 to $10.05
The homebuilder reported worse-than-expected fiscal fourth-quarter profit and revenue on softer-than-expected deliveries.
Constellation Brands Inc., up $6.49 to $149.61
The wine, liquor and beer company reported better-than-expected third-quarter results and will expand its Mexican beer brands.
J.C. Penney Co., up 26 cents to $7.26
The department store operator reported a boost in sales at established stores, a key measure of a retailer’s health, over the holiday season.
Finish Line Inc., down $1.87 to $16.63
The shoe store reported a fiscal third-quarter loss that was worse than analysts were expecting.
Yahoo Inc., down $2 to $30.16
The Internet company could start to cut 10 per cent or more of its workforce, according to a report from Business Insider.
Zumiez Inc., up $1.73 to $16.81
The retailer boosted its profit and revenue forecasts following upbeat sales during the holiday season.
Globus Medical Inc., down $1.32 to $26.27
The medical device company’s 2016 sales estimate fell short of Wall Street’s forecasts.