Wal-Mart, Toll Brothers, Tyson Foods big movers

By: AP
By: AP

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

NYSE

Wal-Mart Stores Inc., down a penny at $59.78

The world's largest retailer said groceries and back-to-school items helped its August same-store sales top expectations, but shares fell amid a broader market dive.

Toll Brothers Inc., up 27 cents at $25.07

The homebuilder swung to loss in its fiscal third quarter as sales fell. But its CEO said he sees signs the market is stabilizing.

Tyson Foods Inc., down $1.30 at $13.88

The meat producer said it will issue stock and debt, a move analysts said underscores trouble in the sector with keeping up with costs.

Nordstrom Inc., down $1.34 at $31.99

The department store reported August same-store sales fell nearly 8 percent, joining a host of retailers that reported sales slumps.

Kinross Gold Corp., down 86 cents at $13.85

The gold miner won shareholder approval for its $815 million takeover bid of fellow Canadian miner Aurelian Resources.

Merrill Lynch & Co., down $2.12 at $26.21

Shares fell on reports that the investment bank was having trouble making deals to shed its balance sheet of mortgage holdings.

Abbott Laboratories, down $1.36 at $56.57

Health regulators demanded stronger warnings on drugs for rheumatoid arthritis, Crohn's disease and others after patients died of infections.

Jackson Hewitt Tax Services Inc., down 19 cents at $16.99

The tax preparer reported a wider loss in its fiscal first quarter on higher acquisition costs and a decline in net sales.

© 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy.


631 SW Commerce Pl. Topeka, Kansas 66615 phone: 785-272-6397 fax: 785-272-1363 email: feedback@wibw.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 27871089 - wibw.com/a?a=27871089