Kohl’s and Avon are big market movers
May 14, 2015, 1:30 PM
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Kohl’s Corp., down $9.89 to $64.62
The department store operator reported better-than-expected first quarter profit, but its sales fell short of forecasts.
Avon Products Inc., up 40 cents to $7.07
The direct seller of cosmetics said it could not confirm that an investment firm that purportedly offered an $8 billion takeover bid exists.
Puma Biotechnology Inc., down $39.05 to $170.67
The biotechnology company reported disappointing results from a breast cancer drug study.
Prestige Brands Holdings Inc., up $1.76 to $43.41
The medicine distributor reported better-than-expected fiscal fourth-quarter results and gave a positive outlook.
Sally Beauty Holdings Inc., down 24 cents to $30.91
The beauty products seller confirmed that it has suffered its second data breach in just over two years.
Nasdaq
Ctrip.com International Ltd., up $5.78 to $71.14
The Chinese travel services company reported better-than-expected first-quarter results and issued a positive outlook.
Perry Ellis International Inc., up $2.06 to $26.09
The clothing maker reported better-than-expected first-quarter results and raised its earnings guidance for the year.
Cypress Semiconductor Corp., up 49 cents to $13.14
The semiconductor company is proposing to buy Integrated Silicon Solution Inc. for $19.75 per share, topping another offer.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.