News

Best Buy, Activision, Salesforce.com, Caesars and Dollar Tree are big market movers

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., up $2.48 to $38.02

The electronics retailer reported better-than-expected third-quarter results, partly on higher revenue and cost cuts.

Salesforce.com Inc., down $2.72 to $58.30

The customer-management software developer reported better-than-expected quarterly results, but its outlook fell short.

Williams-Sonoma Inc., up $5.80 to $75.22

The seller of cookware and home furnishings reported better-than-expected third-quarter results and positive guidance.

Nasdaq

Activision Blizzard Inc., up $1.54 to $21.11

The videogame maker reached a settlement with Vivendi SA and others in a shareholder lawsuit and will receive $275 million.

Caesars Entertainment Corp., up 77 cents to $15.14

The casino and resort operator revealed a proposal to turn its most debt-heavy division into a real estate investment trust.

Dollar Tree Inc., up $3.24 to $65.87

The discount retailer reported better-than-expected third-quarter results and issued a positive full-year fiscal outlook.

Kirkland’s Inc., up $4.44 to $22.53

The home decorations retailer reported better-than-expected third-quarter results.

Novavax Inc., up 20 cents to $5.04

The biotechnology company received FDA approval for a swifter development program of its potential maternal immunization.