Toll Brothers, Sallie Mae, JetBlue are big movers
NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Toll Brothers Inc., down $1.29 at $18.24
The luxury homebuilder said it lost $83 million in the second quarter as sales dropped by half and didn’t give a profit outlook.
Williams Sonoma Inc., down $1.20 at $13.50
The upscale home decor chain posted a loss in its first quarter as sales tumbled 22 percent, but reiterated its forecast for the year.
Sallie Mae parent SLM Corp., down 33 cents at $5.83
The student lender’s CEO said at an investor conference that he expects losses from bad loans to peak this year and stay high in 2010.
Valero Energy Corp., down $3.98 at $18.40
The oil refiner said it expected a 50-cent loss in the second quarter and plans a public offering of more than 40 million shares.
Talbots Inc., up 66 cents at $4.85
Merchandise offerings have improved and customers are buying complete outfits, an analyst said, upgrading the women’s apparel retailer.
NASDAQ
Data Domain Inc., up 96 cents at $32.54
NetApp Inc. raised its bid for the data backup systems provider to $30 per share, countering rival EMC Corp.’s all-cash offer.
JetBlue Airways Corp., down 74 cents at $4.29
The airline plans a public offering of 20 million shares and will sell $150 million in convertible bonds. It traffic in May also fell.
TiVo Inc., up $3.72 at $10.70
A court said rival Dish Network Corp. violated the digital video recorder maker’s patent and ordered a $103 million penalty paid to TiVo.
Related News
Dish to pay TiVo $200 mln for violating injunction on technology that rewinds, pauses live TVSeptember 4th, 2009 Dish to pay TiVo $200 mln for injunction violationA federal judge on Friday ordered Dish Network Corp. and sister firm EchoStar Corp.
JetBlue, Lufthansa sign codeshare agreementAugust 31st, 2009 JetBlue, Lufthansa ink codeshare dealNEW YORK — JetBlue Airways and German air carrier Lufthansa have signed a codesharing agreement following the decision by Lufthansa's parent to buy a stake in JetBlue. Codesharing allows airlines to sell seats on each other's flights.
Moody's Investors Service considers downgrade for Sallie Mae ratings, citing profit, cash flowAugust 27th, 2009 Moody's mulls downgrade for Sallie MaeNEW YORK — Moody's Investors Service said it is considering downgrading long-term ratings for the nation's biggest student lender, Sallie Mae, citing earnings and cash-flow generation at the company. Sallie Mae, formally called SLM Corp., faces significant uncertainties over the political and consumer lending environment for student lenders, Moody's also said.
TiVo Inc. slides to 2nd-quarter loss as subscriptions decline, but results top estimatesAugust 27th, 2009 TiVo Inc. posts smaller-than-expected 2Q lossALVISO, Calif. — TiVo Inc.
EMC takes majority stake in Data Domain after outbidding NetAppJuly 20th, 2009 EMC takes majority stake in Data DomainHOPKINTON, Mass. — Data storage company EMC Corp.
EMC to buy Data Domain, NetApp drops out of biddingJuly 8th, 2009 EMC buys Data Domain, NetApp drops out of biddingA bidding war over data storage company Data Domain is over, with EMC emerging as the victor. Data Domain Inc.
EMC to buy Data Domain for $2.1B, NetApp drops out of bidding warJuly 8th, 2009 EMC wins bidding war in $2.1B deal for Data DomainSAN JOSE, Calif. — For the last month and a half, a fierce bidding contest has lit up a staid but increasingly critical part of the computing world.
EMC boosts bid to purchase Data Domain to $33.50 per share, says it has regulatory approvalJuly 6th, 2009 EMC raises bid for Data Domain to $33.50 per shareNEW YORK — Data storage company EMC boosted its offer to buy Data Domain to $33.50 per share in cash and says it received regulatory approval for the purchase. EMC's new offer, announced Monday, is $3.50 per share above its previous offer valuing Data Domain Inc.
Rebuffed EMC boosts bid for Data Domain, topping rival bid its target has accepted from NetAppJuly 6th, 2009 EMC hikes offer for Data Domain, bidding escalatesNEW YORK — Firing the latest salvo in a bidding brawl, data storage company EMC Corp. boosted its offer for Data Domain which has already accepted a lower bid from NetApp Inc.
Bemis, Alcoa, American Express, Data Domain are among big market movers MondayJuly 6th, 2009 Bemis, Alcoa, Data Domain are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bemis Co., up $1.22 at $25.50
The company, which makes clear plastic packages, is paying $1.2 billion for the global packaging business of Rio Tinto PLC. Bank of America Corp., down 49 cents at $12.15
An analyst said the lender faces a 10 percent jump in uncollectible loans when it reports second-quarter earnings.
Sallie Mae, Nelnet awarded 5-year government loan-servicing contractJune 18th, 2009 Sallie Mae awarded gov't loan-servicing contractNEW YORK — The Department of Education says Sallie Mae and three other companies were chosen to service parts of its $550 billion in outstanding federal student loans and future loans owned by the government. Reston, Va.-based Sallie Mae, officially called SLM Corp., is the country's biggest student lender.
NetApp claims victory in bidding war for Data Domain with $1.9B dealJune 4th, 2009 NetApp claims victory in bidding for Data DomainSAN FRANCISCO — NetApp Inc. has claimed victory over EMC Corp.
Data Domain to comment on EMC takeover bid by June 16; asks shareholders to defer decisionJune 4th, 2009 Data Domain to comment on EMC bid by June 16SANTA CLARA, Calif. — The board of Data Domain asked Thursday that shareholders defer a decision on EMC Corp.'s offer to buy the company for $1.8 billion in cash until it can review the bid.
Walgreen, GlaxoSmithKline, Barclays, Pepsi Bottling Group among big market movers TuesdayJune 2nd, 2009 Walgreen, GlaxoSmithKline, Barclays are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Walgreen Co., up 48 cents at $31.62
The drugstore operator said its same-store sales rose 1 percent in May, helped by a jump in pharmacy sales. Pepsi Bottling Group Inc., up 96 cents at $34.17
The bottler lifted its full-year earnings outlook for the second time in less than two months, citing the decline of commodity costs.
EMC offers $1.8 billion for Data Domain in bid against rival NetAppJune 1st, 2009 EMC offers $1.8 billion for Data DomainHOPKINTON, Mass. — Data storage company EMC Corp.
Loading ...
June 5th, 2009 at 6:31 am
I’m living close to the Miss. State Univerisity. It’s close to the airports of Columbus, MS, also Tupelo, MS and Tuscloosa, AL. I search almost all ticket websites but the prices are much to high.
Sure I know the way to buy tickets from Jackson, MS or Birmingham or Memphis. However these cities are a little far away and the gas would cost a lot if I drive there.
When I was in northwest, it was easy to find cheap tickets from internet, even small airports.