Home Depot, TJX, Urban Outfitters are big movers

AP News
Posted: May 17, 2011 4:58 PM
Home Depot, TJX, Urban Outfitters are big movers

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:


Home Depot Inc., up 42 cents at $37.40

The home improvement retailer increased its full-year earnings forecast after posting higher first-quarter net income.

Trina Solar Ltd., down $1.68 at $23.11

The Chinese solar manufacturer reported a 7.2 percent rise in first-quarter income, but investors were expecting higher gains.

TJX Cos., down $2.25 at $52.06

The retailer closed its A.J. Wright stores and reopened many as TJMaxx, Marshalls or HomeGoods pulling down its earnings.

Urban Outfitters Inc., up 77 cents at $33.06

The retailer said its first-quarter net income fell more than expected, but it also outlined some welcomed changes on the horizon.


Gulf Resources Inc., up $1.15 at $4.18

The Chinese manufacturer of specialty chemical products said its first-quarter net income doubled on surging revenue.

Keryx Biopharmaceuticals Inc., up 20 cents at $5.09

An Oppenheimer analyst initiated coverage of the biopharmaceutical company because of two drugs that are now in late-stage testing.

O'Charley's Inc., up $1.11 at $7.65

The company, which operates casual dining restaurants O'Charley's and Ninety Nine, posted earnings that beat expectations.

Winn-Dixie Stores Inc., up 70 cents at $8.04

The grocery chain said its fiscal third-quarter net income rose 12 percent, beating Wall Street expectations.