NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday:
Wal-Mart Stores Inc., down $2.20 to $69.19
The retailer announced disappointing sales, and its profit fell as it invested more money in its stores and its online business.
Cisco Systems Inc., down $1.52 to $30.05
The seller of routers, switches, software and services forecast a smaller profit for its second fiscal quarter than analysts had expected.
NetApp Inc., up $2.17 to $36.90
The data storage company reported a bigger second-quarter profit than analysts expected and gave a very strong outlook for the current quarter.
First Solar Inc., down $1.66 to $31.16
The biggest U.S. solar panel maker said it will cut a quarter of its jobs and stop production at its only U.S. facility.
Valeant Pharmaceuticals International Inc., up 12 cents to $17.98
Federal prosecutors charged two people with ties to the Canadian drugmaker with running a multimillion-dollar fraud and kickback scheme.
Best Buy Co., up $5.54 to $45.99
The electronics retailer reported greater sales of mobile phones, increased online revenue and forecast a big fourth-quarter profit.
J.M. Smucker Co., down $5.10 to $124.85
The maker of jams, jellies and other foods disclosed weaker sales than analysts had expected.
Western Refining Inc., up $7.05 to $37.55
Competitor Tesoro agreed to buy the oil refining company for $4.1 billion.