NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Kohl’s Corp., down $4.71 to $53.55
Profit and comparable-store sales slid as the retailer bulks up its offerings with Juicy Couture women’s and girls’ clothes.
Office Depot Inc., up 24 cents to $5.62
Shares of the office-supply store have gained 11 per cent this week as investors cheer the appointment of Roland Smith as CEO following Office Depot’s merger with OfficeMax.
Accretive Health Inc., down 43 cents to $8.84
The hospital operator’s business will take a hit from client losses as it tries to correct its financial-reporting procedures.
Lockheed Martin Corp., up $1.03 cents to $138.29
The defence contractor will cut 4,000 jobs, about 3.5 per cent of its workforce, amid vastly reduced government spending.
Cisco Systems Inc., down $2.63 to $21.36
The technology bellwether fell short of most revenue projections, dragging down shares of its rivals as well.
Zogenix Inc., up 15 cents to $2.86
Oppenheimer upgraded the pharmaceutical company, citing a survey of doctors and their opinion of its chronic pain drug, Zohydro.
Lululemon Athletica Inc., down $2.80 to $66.18
Sterne Agee downgraded the yoga retailer, saying quality-control problems could cut into sales in 2014.
SolarCity Corp., up $2.31 to $56.23
The solar company sold more than $54 million in asset-backed notes, which Deutsche Bank took as a “significant positive.”