Valeant and NetApp are big market movers

AP News
|
Posted: Aug 20, 2015 5:55 PM

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

NYSE

Valeant Pharmaceuticals International Inc., down $15.85 to $229.06

The drug developer will pay about $1 billion to buy Sprout Pharmaceuticals, which makes the first women's libido drug, Addyi.

Stage Stores Inc., down $4.95 to $11.95

The department store operator reported weaker-than-expected second-quarter profit and revenue and will close 90 stores.

Amira Nature Foods Ltd., down $1.81 to $2.84

The maker of packaged Indian specialty rice replaced auditor Deloitte Haskins & Sells with ASA & Associates LLP.

Rayonier Advanced Materials Inc., down $1.06 to $6.56

The maker of cellulose products used in a wide range of consumer goods is in a contract dispute with Eastman Chemical.

Buckle Inc., down $1.07 to $41.82

The teen clothing retailer reported better-than-expected second-quarter profit, though the market was disappointed by its sales.

Nasdaq

NetApp Inc., up $1 to $30.78

The data storage company reported better-than-expected fiscal first-quarter profit and revenue, along with an upbeat outlook.

Kirkland's Inc., down $3.19 to $23.49

The home decor retailer reported a wider second-quarter loss and the earnings and revenue results fell short of expectations.

Sears Holdings Corp., down 37 cents to $22.97

The retailer posted its first profit in three years, bolstered by selling and leasing back some of its buildings to a new REIT.