Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Toll Brothers Inc., down $1.29 at $18.24
The luxury homebuilder said it lost $83 million in the second quarter as sales dropped by half and didn't give a profit outlook.
Williams Sonoma Inc., down $1.20 at $13.50
The upscale home decor chain posted a loss in its first quarter as sales tumbled 22 percent, but reiterated its forecast for the year.
Sallie Mae parent SLM Corp., down 33 cents at $5.83
The student lender's CEO said at an investor conference that he expects losses from bad loans to peak this year and stay high in 2010.
Valero Energy Corp., down $3.98 at $18.40
The oil refiner said it expected a 50-cent loss in the second quarter and plans a public offering of more than 40 million shares.
Talbots Inc., up 66 cents at $4.85
Merchandise offerings have improved and customers are buying complete outfits, an analyst said, upgrading the women's apparel retailer.
NASDAQ
Data Domain Inc., up 96 cents at $32.54
NetApp Inc. raised its bid for the data backup systems provider to $30 per share, countering rival EMC Corp.'s all-cash offer.
JetBlue Airways Corp., down 74 cents at $4.29
The airline plans a public offering of 20 million shares and will sell $150 million in convertible bonds. It traffic in May also fell.
TiVo Inc., up $3.72 at $10.70
A court said rival Dish Network Corp. violated the digital video recorder maker's patent and ordered a $103 million penalty paid to TiVo.
Terms & Conditions
RSS Headlines
Fool UK