Target, Boston Scientific and Kohl’s fall; Campbell jumps
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
Target Corp., down $8.12 to $69.03
The retailer’s profit fell short of Wall Street expectations as it invested more in its stores and its online business.
Ross Stores Inc., down $8.55 to $82.64
The discount retailer’s third-quarter sales were lower than analysts expected.
Kohl’s Corp., down $6.55 to $64.45
The department store gave back some of its gains from earlier this year after it reported its quarterly results.
L Brands Inc., down $6.12 to $28.43
The parent of Victoria’s Secret cut its quarterly dividend.
Campbell Soup Co., up $2.10 to $40.55
The soup and packaged food company had a larger-than-expected profit in its fiscal first quarter.
Boston Scientific Corp., down $1.24 to $34.05
The medical device maker said it will buy surgical products maker BTG for about $4.2 billion.
Agilent Technologies Inc., up $4.91 to $67.52
The scientific instrument maker announced a larger profit and stronger sales than analysts had forecast.
Duke Energy Corp., up 88 cents to $88.52
Utility companies held up better than other stocks as investors looked for relatively safe options during another market decline.