Comcast, Bank of America, TJX, Abercrombie & Fitch are among big market movers Thursday

By AP
Thursday, 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.

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