TiVo, Booking and TJX jump while Lowe’s and Discovery skid
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Celgene Corp., down $8.66 to $87.12
The drugmaker said regulators want more data about a multiple sclerosis drug before they will consider approving it.
Lowe’s Cos., down $6.20 to $89.59
The home improvement retailer’s profit fell short of expectations and its sales fell compared to last year.
Yum Brands Inc., up $1.20 to $81.38
The company’s Pizza Hut chain announced a multiyear marketing deal with the NFL.
TJX Cos., up $5.37 to $82.68
The parent company of T.J. Maxx reported strong sales, raised its dividend and said it will buy back more stock.
Office Depot Inc., down 27 cents to $2.63
The office supply company forecast a smaller annual profit than analysts had expected.
Booking Holdings Inc., up $129.03 to $2,034.04
The travel company formerly called Priceline had a strong fourth quarter and said bookings increased.
Discovery Communications Inc., down $1.72 to $24.32
The cable channel operator lost subscribers in the latest quarter, although U.S. regulators approved its purchase of Scripps Networks.
TiVo Inc., up $1.45 to $15
The digital video recording company said it will consider selling itself or combining with another company.