BUSINESS

Lumber Liquidators, NetApp are big market movers

May 21, 2015, 1:48 PM

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

NYSE

Lumber Liquidators Holdings Inc., down $4.17 to $21.10

The flooring retailer’s CEO, Robert Lynch, abruptly quit as the company deals with an investigation into its imports from China.

Best Buy Co., up $1.33 to $35.11

The consumer electronics retailer reported better-than-expected quarterly results as it cuts costs and revamps stores.

Booz Allen Hamilton Holding Corp., down $3.37 to $25.13

The defense contractor reported worse-than-expected fiscal fourth-quarter results and issued a disappointing outlook.

Salesforce.com Inc., up $2.75 to $72.91

The customer-management software developer reported better-than-expected first-quarter results and posted a strong outlook.

Nasdaq

NetApp Inc., down $3.56 to $31.77

The data storage company reported worse-than-expected fiscal fourth-quarter results and said it will lay off 500 workers.

Kirkland’s Inc., up $2.29 to $27.43

The home decor retailer reported better-than-expected fiscal first-quarter results and will pay a special cash dividend.

Bruker Corp., down $3.17 to $19.04

The life sciences company said that Chief Financial Officer Charles F. Wagner Jr. will resign and take a position at Ortho-Clinical Diagnostics.

AVEO Pharmaceuticals Inc., up 63 cents to $2.23

The biotechnology company reported positive final results from a study of a potential treatment for a type of kidney cancer.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Business

US employers added 353,000 new jobs in January...

Associated Press

The US didn’t just avoid a recession — it’s adding hundreds of thousands of new jobs

The nation’s employers added 353,000 jobs in January, a sign the economy will shrug off the highest interest rates in two decades.

3 months ago

Cutting interest rates may be in the future, Federal Reserve says...

Associated Press

Federal Reserve signals that interest rate cuts aren’t imminent and leaves them unchanged for now

The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates.

3 months ago

Associated Press

Wholesale inflation in US declined last month, signaling that price pressures are still easing

Wholesale inflation in the United States fell in December, further evidence that price pressures in the economy are easing.

3 months ago

Front-facing image of main entrance to Desert Diamond Arena in Glendale....

KTAR.com

Desert Diamond Arena in Glendale posts most lucrative year since opening two decades ago

Desert Diamond Arena announced that 2023 was its best year for revenue and attendance on record in the two decades since it opened.

4 months ago

(Lincoln Property Company photo)...

David Veenstra

New phase of Glendale industrial development includes pickleball and basketball courts

The second phase of the Park303 industrial park project in Glendale has been completed. The new development has a range of amenities.

4 months ago

Dutch semiconductor company ASM is investing more than $320 million to expand its U.S. headquarters...

Heidi Hommel

Dutch semiconductor company ASM announces $320 million investment in Scottsdale

Dutch semiconductor equipment company ASM is investing more than $320 million to expand its U.S. headquarters in Scottsdale.

5 months ago

Sponsored Articles

...

Condor Airlines

Condor Airlines can get you smoothly from Phoenix to Frankfurt on new A330-900neo airplane

Adventure Awaits! And there's no better way to experience the vacation of your dreams than traveling with Condor Airlines.

...

Collins Comfort Masters

Avoid a potential emergency and get your home’s heating and furnace safety checked

With the weather getting colder throughout the Valley, the best time to make sure your heating is all up to date is now. 

(KTAR News Graphic)...

Boys & Girls Clubs

KTAR launches online holiday auction benefitting Boys & Girls Clubs of the Valley

KTAR is teaming up with The Boys & Girls Clubs of the Valley for a holiday auction benefitting thousands of Valley kids.

Lumber Liquidators, NetApp are big market movers