Comcast, Bank of America, TJX are big movers
APNews
Dec 03, 2009
The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE:
TJX Cos., down $1.08 at $37.31
Warm weather tamped down sales of winter items at the discount retailer, but it said business was strong over Thanksgiving weekend.
Aeropostale Inc., down $3.75 at $28.95
A quarterly gain in sales and profit couldn't offset the teen apparel retailer's outlook, part of which fell below analyst views.
Bank of America Corp., up 11 cents at $15.76
The national bank said it plans to repay $45 billion in government aid, easing restrictions on executive pay as it looks for a new CEO.
Abercrombie & Fitch Co., down $3.69 at $36.21
A key sales figure slumped 17 percent in November for the teen retailer despite the start of the holiday shopping season.
Toll Brothers Inc., down $1.47 at $18.02
The homebuilder said it was seeing signs of a housing-market turnaround, but it lost $111.4 million in its fourth quarter.
Ambac Financial Group Inc., up 8 cents at 89 cents
Standard & Poor's Ratings Services upgraded the bond insurer's credit rating, saying its financial position has improved.
NASDAQ:
Comcast Corp., up 97 cents at $15.91
The cable operator announced it would buy a majority stake in NBC Universal, catapulting it into a major media conglomerate.
Ciena Corp., down 77 cents at $12.11
An analyst cautioned that the company will have a tough time integrating its ongoing acquisition of Nortel Networks assets.