Men's Wearhouse and Vail are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Men's Wearhouse Inc., down $1.62 to $52.25
The clothing retailer reported a slump in second-quarter profit and its revenue fell short of expectations.
Restoration Hardware Holdings Inc., down $2.06 to $79.99
The home furnishings retailer reported a better-than-expected quarterly profit, but cut its sales forecast for the fiscal year.
Alcoa Inc., down 30 cents to $16.90
The aluminum producer said it signed a deal worth more than $1 billion to supply Boeing Corp. with sheet and plate products.
Vail Resorts Inc., up $8.98 to $85.75
The ski resort operator bought Utah's Park City Mountain Resort, which could lead to the creation of the country's largest resort.
Nasdaq
BlackBerry Ltd., up 51 cents to $10.78
The wireless communications company will buy U.K. startup Movirtu, which focuses on virtual identity, for an undisclosed amount.
JDS Uniphase Corp., up $1.25 to $13.36
The technology company plans to separate into companies focusing on optics and lasers, and separately, network testing equipment.
Lululemon Athletica Inc., up $5.34 to $43.73
The athletic apparel company reported better-than-expected quarterly financial results and raised its full-year outlook.
Orexigen Therapeutics Inc., down 62 cents to $5.28
The biotechnology company received FDA approval for its weight-loss drug Contrave, but with a warning for suicidal thoughts.