Tiffany, J. Crew, TiVo, Incyte, Deere, Coldwater Creek are among big market movers Wednesday
Tiffany, J. Crew, TiVo, Incyte are big movers
NEW YORK — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:
NYSE:
Tiffany & Co., up $2.06 to $43.89
Strong sales overseas and contained costs led the luxury jeweler to raise its profit outlook ahead of the holiday season.
Deere & Co., up $1.41 to $53.70
Shares hit a high for the year, even as the farm equipment maker said sales dropped and its profit forecast was short of expectations.
J. Crew Group Inc., up $3.20 to $44.05
Wall Street expects strong holiday sales at the apparel retailer, a favorite of First Lady Michelle Obama.
Hospitality Properties Trust, up 93 cents to $19.17
An analyst upgraded the real estate investment trust on expectations the company will reinstate its cash dividend in 2010.
NASDAQ:
Incyte Corp., up 74 cents to $8.46
The tiny drug developer licensed two potential drugs to Swiss pharmaceutical giant Novartis AG in a deal potentially worth $1.3 billion.
Coldwater Creek Inc., down 76 cents to $4.59
A bigger-than-expected quarterly loss due to big markdowns drove down the women’s apparel retailer’s shares.
Vistaprint NV, up $2.66 to $52.91
An analyst upgraded the business card and printed products company’s stock following a recent drop in the share price.
TiVo Inc., down 75 cents to $10.22
Deals with Google and Virgin Media didn’t offset the digital video recorder company’s quarterly loss and disappointing forecast.
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