Wal-Mart and Home Depot are big market movers

AP News
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Posted: Aug 18, 2015 6:17 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Wal-Mart Stores Inc., down $2.43 to $69.48

The retailer cut its annual earnings outlook because its profits are being squeezed by currency fluctuations and higher wages.

The Home Depot Inc., up $3.10 to $122.80

The home improvement retailer reported better-than-expected second-quarter sales and profit as the housing market recovers.

Lennar Corp., up $1.65 to $55.59

The homebuilder's stock gained ground on an upbeat outlook following a Commerce Department report of an increase in housing starts.

MasTec Inc., down $1.05 to $16.24

The utility contractor reported a second-quarter loss after reporting a profit a year ago and the results missed expectations.

The TJX Companies Inc., up $5.17 to $76.78

The parent of T.J. Maxx, Marshalls and other stores reported better-than-expected second-quarter earnings and revenue.

Dick's Sporting Goods Inc., up $1.91 to $52.61

The sporting goods retailer reported better-than-expected fiscal second-quarter net income, though revenue fell short of forecasts.

Nasdaq

The Hain Celestial Group Inc., down $4.73 to $63.65

The organic and natural products company met Wall Street's fiscal fourth-quarter profit forecast as sales jumped 20 percent.

Dish Network Corp., down 51 cents to $66.68

The FCC said that the satellite TV company can't apply $3.3 billion in small-business credits toward airwave purchases made in an auction.

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This story has been corrected to show that Wal-Mart's stock went down $2.43, not up $2.43.