Target and Kodak rise while Big 5, Acuity tumble
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
Eastman Kodak Co., up $3.70 to $6.80
The company is teaming with WENN Digital to create its own licensing and cryptocurrency system.
Big 5 Sporting Goods Inc., down $1.23 to $6.63
The sporting goods retailer said warm, dry weather in December hurt its sales.
Urban Outfitters Inc., down $1.37 to $32.37
The apparel retailer and several of its competitors disclosed weak sales over the holidays.
Illumina Inc., up $15.74 to $242.80
The genetic analysis company said its fourth-quarter revenue was stronger than experts had forecast.
Acuity Brands Inc., down $27.78 to $157.95
The lighting company reported a smaller profit and weaker sales than analysts expected.
BB&T Corp., up 59 cents to $52.09
Banks and other financial companies climbed as long-term interest rates rose to 10-month highs.
Boston Scientific Corp., up $2.15 to $27.96
The drug and medical device company said revenue in the fourth quarter was greater than analysts anticipated.
Target Corp., up $1.96 to $69.14
The retailer said sales jumped in November and December and raised its forecasts, citing those improvements and a tax cut.