Talbots, Buckle, TiVo are movers Thursday

AP News
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Posted: May 31, 2012 5:10 PM
Talbots, Buckle, TiVo are movers Thursday

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

NYSE

The Talbots Inc., up $1.15 at $2.44

The women's clothing chain said it is being taken private by Sycamore Partners for $193.3 million, a switch after talks stalled last week.

Gaylord Entertainment Co., up $3.47 at $37.95

The entertainment company says it will sell its hotel brand and the rights to manage its four hotels to Marriott for $210 million.

Flowers Foods Inc., up $1.19 at $22.02

The maker of Nature's Own bread and Tastykake treats said it will buy bread maker Lepage Bakeries for $370 million.

Joy Global Inc., down $3.01 at $55.86

The mining equipment company said its second-quarter net income jumped 31.9 percent, but it warned of tough times ahead.

Nasdaq

Bon-Ton Stores Inc., up 61 cents at $5.26

Thanks to higher online sales and demand, the department store said its May sales at stores open at least a year rose 1.5 percent.

The Buckle Inc., down $3.45 at $39.14

The teen clothing chain said its revenue at stores open at least a year was nearly flat in May, missing analyst expectations.

Ciena Corp., up $1.67 at $13.55

The communications network equipment maker said its second-quarter loss narrowed, helped by 14 percent higher revenue.

TiVo Inc., down 42 cents at $8.54

The seller of digital video recorders and related services posted a $20.8 million first-quarter loss late Wednesday, reversing a profit in the same quarter last year, when it benefited from a major lawsuit settlement payment.