News Column

Express and Chico's are big market movers

August 27, 2014



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

NYSE

Express Inc., up $1.86 to $16.45

The clothing and accessories chain reported second-quarter earnings and revenue that beat Wall Street expectations.

Chico's FAS Inc., down 73 cents to $15.29

The retailer, which owns Chico's, Boston Prober and Soma Intimates stores, posted fiscal second-quarter results that missed expectations.

Tiffany & Co., up 98 cents to $101.75

Shares of the luxury jeweler hit an all-time high after it said its sales and earnings grew during its second quarter.

Donaldson Co., up $1.02 to $41.71

The filtration system maker's results during its fiscal fourth quarter topped Wall Street expectations.

Waste Management Inc., up 39 cents to $46.96

Shares of the garbage and recycling hauler reached a 52-week high after a Stifel analyst gave its stock a "Buy" rating.

Nasdaq

Rent-A-Center Inc., up $1.38 to $27.97

A Canaccord analyst upgraded the investment rating of the furniture rental company to a "Buy," citing its cost-cutting initiatives.

Smith & Wesson Holding Corp., down $1.79 to $11.31

The firearm maker said sales of its sporting rifles were down during its fiscal first quarter, compared with a year ago.

Bob Evans Farms Inc., down $1.99 to $45.77

The restaurant chain operator said its sales and earnings during its fiscal first quarter fell from the same period a year ago.


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Source: Associated Press


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