Comcast, Bank of America, TJX, Abercrombie & Fitch are among big market movers Thursday
By APThursday, December 3, 2009
Comcast, Bank of America, TJX are big movers
NEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE:
TJX Cos., down $1.08 at $37.31
Warm weather tamped down sales of winter items at the discount retailer, but it said business was strong over Thanksgiving weekend.
Aeropostale Inc., down $3.75 at $28.95
A quarterly gain in sales and profit couldn’t offset the teen apparel retailer’s outlook, part of which fell below analyst views.
Bank of America Corp., up 11 cents at $15.76
The national bank said it plans to repay $45 billion in government aid, easing restrictions on executive pay as it looks for a new CEO.
Abercrombie & Fitch Co., down $3.69 at $36.21
A key sales figure slumped 17 percent in November for the teen retailer despite the start of the holiday shopping season.
Toll Brothers Inc., down $1.47 at $18.02
The homebuilder said it was seeing signs of a housing-market turnaround, but it lost $111.4 million in its fourth quarter.
Ambac Financial Group Inc., up 8 cents at 89 cents
Standard & Poor’s Ratings Services upgraded the bond insurer’s credit rating, saying its financial position has improved.
NASDAQ:
Comcast Corp., up 97 cents at $15.91
The cable operator announced it would buy a majority stake in NBC Universal, catapulting it into a major media conglomerate.
Ciena Corp., down 77 cents at $12.11
An analyst cautioned that the company will have a tough time integrating its ongoing acquisition of Nortel Networks assets.
Tags: Holiday, New York, North America, United States