DSW and Tiffany rise while Best Buy and Hain stumble
Aug. 28, 2018
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:
DSW Inc., up $5.50 to $32.70
The shoe and accessories retailer raised its annual forecasts after posting far stronger second-quarter results than analysts expected.
Tiffany & Co., up $1.29 to $131.07
The jewelry maker built on its gains from earlier this year after it beat expectations in the second quarter.
Best Buy Co., down $4.09 to $77.57
The electronics retailer's forecast for the current quarter fell short of Wall Street's hopes.
Campbell Soup Co., down 87 cents to $39.83
The New York Post reported that the soup maker isn't planning to sell itself.
Akcea Therapeutics Inc., down $8.39 to $24.73
The company said the Food and Drug Administration isn't ready to approve its drug Waylivra.
Brooks Automation Inc., up $9.35 to $39.60
The supplier to semiconductor manufacturers said it will sell its cryogenics business for $675 million.
Hain Celestial Group Inc., down $1.84 to $26.77
The organic and natural products company reported weak sales and its annual forecasts came up short of expectations.
Toll Brothers Inc., down 40 cents to $37.12
Homebuilders slipped as prices for homes jumped in June, which makes affordability a bigger problem for potential buyers.