Best Buy, AstraZeneca, TD Ameritrade big movers

By  | 

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


BJ's Wholesale Club Inc., down 15 cents at $33.42

The discount retailer said profit rose 24 percent on strong sales of items like produce and coffee, but discretionary sales fell.

Halliburton Co., down $1.48 at $16.18

The oilfield services company said it is well-positioned to ride out the economic downturn, but shares slid as crude prices continue to fall.

Jack in the Box Inc., down $1.66 at $13.55

Fiscal first quarter profit will drop from a year ago on higher commodity costs and shaky financial markets, the restaurant operator said.

Best Buy Co., down $2.39 at $18.58

Standard & Poor's Ratings Services lowered the corporate credit rating on the electronics retailer to "BBB-", one level above junk status.

AstraZeneca PLC, down $5.13 at $36.84

The company reported mixed study results from a developing lung cancer drug Zactima and faces new generic competition for an asthma drug.


Mentor Graphics Corp., down 32 cents at $5.77

The electronics-testing software maker posted a wider third-quarter loss, saying customers are waiting longer to renew contracts.

Imax Corp., up 6 cents at $3.27

Entertainment company Walt Disney Co. plans to deliver five movies beginning in Nov. 2009 via Imax's large-screen and 3-D theater formats.

TD Ameritrade Holding Corp., down $1.55 at $10

Concerns about lower interest rates and transaction volume led some analysts to cut fiscal 2009 earnings estimates for retail brokerage firm.

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 This material may not be published, broadcast, rewritten or redistributed.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