News

Target, Williams-Sonoma, Dollar Tree and Johnson Controls are big market movers

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Target Corp., down $2.30 to $64.19

The retailer said its third-quarter net income fell 47 per cent on costs related to its expansion into Canada and a pullback from U.S. shoppers.

Williams-Sonoma Inc., up $4.23 to $59.74

Thanks to higher sales at its West Elm and PBteen brands, the furniture retailer’s third-quarter net income rose 16 per cent.

Spectrum Brands Holdings Inc., up $4.03 at $67.87

The maker of George Foreman grills and Rayovac batteries reported a quarterly loss, but its adjusted profit met expectations.

Johnson Controls Inc., up $2.13 at $50.35

The company, whose products include heating and ventilation systems for buildings, increased its share buyback program by $3 billion.

Gildan Activewear Inc., down $1.96 at $47.13

The clothing company’s quarterly profit rose 9 per cent, but adjusted earnings missed analysts’ expectations.

Nasdaq

Green Mountain Coffee Roasters Inc., up $8.74 at $70.57

Thanks to higher sales of its Keurig brewing machines and coffee pods, the company posted a quarterly profit that beat expectations.

Dollar Tree Inc., down $2.64 at $56.28

The discount retailer’s net income dropped 19 per cent in the third quarter, and its results missed Wall Street expectations.

Jack in the Box Inc., up $2.65 at $47.35

The fast-food chain’s quarterly net income nearly doubled after closing underperforming Qdoba Mexican Grill restaurants.