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RH and Mastercard rise while XL Group, Barnes & Noble drop

September 7, 2017

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:

RH, up $22.12 to $71.54

The furniture and housewares retailer raised its annual forecasts after a strong second-quarter report.

Eli Lilly & Co., up $1.03 to $81.54

The drugmaker said it will eliminate 3,500 jobs as it aims to cut $500 million in annual spending.

Mastercard Inc., up $3.64 to $136.53

The debit and credit card payment processor raised its 2017 revenue forecast and its growth forecast for next year.

Barnes & Noble Inc., down 75 cents to $7.10

The company had a weaker-than-expected first quarter as online and Nook revenue fell.

XL Group Ltd., down $1.97 to $36.48

Insurance and reinsurance companies took losses as powerful Hurricane Irma hit the northern Caribbean and headed toward Florida.

Conn’s Inc., up $2.70 to $21.75

The retailer surpassed analyst estimates in the second quarter.

Leggett & Platt Inc., down $3.04 to $43.50

The engineered component manufacturer cut its profit forecast because of higher steel costs and weak demand from the furniture and bedding markets.

Cabela’s Inc., up $7.62 to $61.06

Banking regulators approved the sale of Cabela’s credit card unit, clearing the way for its sale to Bass Pro Shops.

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