NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Wal-Mart Stores Inc., down $1.99 to $64.12
The retailer cut its 2016 revenue estimate after reporting disappointing fourth-quarter sales. The company has been struggling as competition mounts.
IBM Corp., up $6.35 to $132.45
IBM agreed to buy Truven Health Analytics for $2.6 billion, expanding the health care capabilities of its Watson cognitive computing system.
Ingram Micro Inc., up $6.69 to $36.34
The logistics company agreed to be bought by Chinese shipping company Tianjin Tianhai for about $6 billion, or $38.90 per share.
La-Z-Boy Inc., up $3.75 to $24.60
The furniture company reported stronger-than-expected results.
Perrigo Co., down $14.77 to $130.40
Adjusted earnings and revenue at the maker of drugs, vitamins and infant formula fell short of estimates.
Nasdaq
Discovery Communications Inc., down $1.09 to $25.62
The operator of TV channels including TLC and Animal Planet reported disappointing results.
Nvidia Corp., up $2.38 to $30.04
The maker of graphics chips and processors for phones and tablets reported a stronger quarter than analysts expected.
Jack in the Box Inc., down $12.43 to $64.48
The fast food chain offered weak quarterly results and guidance, saying McDonald’s all-day breakfast and value deals from rivals are hurting sales.
