Wal-Mart and NetApp advance; Cisco and Agilent slip

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

Wal-Mart Stores Inc., up $1.37 to $74.30

The world's largest retailer raised its annual estimates after reporting strong results for the second quarter.

Cisco Systems Inc., down 24 cents to $30.48

The internet gear maker reported unimpressive quarterly results and plans to lay off 5,500 employees, or 7 percent of its staff.

NetApp Inc., up $5.03 to $33.88

The data storage company posted stronger results than analysts expected, aided by cost cuts.

L Brands Inc., up $3.81 to $77.87

The parent of Victoria's Secret posted results were that better than expected and then raised its projections for the year.

SunEdison Semiconductor Ltd., up $3.23 to $11.51

The maker of silicon wafers for the chip industry agreed to be bought by GlobalWafers for $12 per share, or $508 million.

Marathon Oil Corp., up 98 cents to $16.68

Energy companies climbed with the price of oil Thursday.

Hormel Foods Inc., up 69 cents to $37.04

The maker of Spam raised its annual estimates its refrigerated foods business performed well in its latest quarter.

Agilent Technologies Inc., down $1.71 to $46.72

The scientific instrument maker's guidance fell short of analyst estimates.

This story has been automatically published from the Associated Press wire which uses US spellings

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter


© Copyright 2016, NZME. Publishing Limited

Assembled by: (static) on production bpcf02 at 28 Sep 2016 08:56:28 Processing Time: 333ms