The Canadian Press – ONLINE EDITION
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday:
Wal-Mart Stores Inc., up $ 6.05 to $ 69.20
The giant retailer bucked a downward trend in the industry and reported surprisingly strong sales.
Salesforce.com Inc., up $ 3.22 to $ 81.09
The company reported earnings and revenue that were better than analysts were expecting.
Verizon Communications Inc., down 76 cents to $ 49.63
Phone companies and other high-dividend stocks fell as investors worried that the Federal Reserve would raise interest rates at its June meeting.
American Eagle Outfitters Inc., up $ 2.45 to $ 15.84
The apparel maker reported sales and earnings that were well ahead of analysts’ forecasts.
FMC Technologies Inc., down $ 1.35 to $ 27.30
The company said it would attempt to combine with Technip to create a large player in the energy-services sector.
L Brands Inc., down $ 3.16 to $ 60.62
The company, which owns Victoria’s Secret, lowered its full-year earnings estimate.
Stage Stores Inc., down $ 1.37 to $ 4.51
The company reported a wider loss from the same period a year earlier.
Monroe Muffler Brake Inc., down $ 4.91 to $ 62.07
The company’s latest quarterly earnings and revenue fell below Wall Street’s estimates.
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