NetApp and Best Buy climb while Wal-Mart and Cisco slide

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

Wal-Mart Stores Inc., down $2.20 to $69.19

The retailer announced disappointing sales, and its profit fell as it invested more money in its stores and its online business.

Cisco Systems Inc., down $1.52 to $30.05

The seller of routers, switches, software and services forecast a smaller profit for its second fiscal quarter than analysts had expected.

NetApp Inc., up $2.17 to $36.90

The data storage company reported a bigger second-quarter profit than analysts expected and gave a very strong outlook for the current quarter.

First Solar Inc., down $1.66 to $31.16

The biggest U.S. solar panel maker said it will cut a quarter of its jobs and stop production at its only U.S. facility.

Valeant Pharmaceuticals International Inc., up 12 cents to $17.98

Federal prosecutors charged two people with ties to the Canadian drugmaker with running a multimillion-dollar fraud and kickback scheme.

Best Buy Co., up $5.54 to $45.99

The electronics retailer reported greater sales of mobile phones, increased online revenue and forecast a big fourth-quarter profit.

J.M. Smucker Co., down $5.10 to $124.85

The maker of jams, jellies and other foods disclosed weaker sales than analysts had expected.

Western Refining Inc., up $7.05 to $37.55

Competitor Tesoro agreed to buy the oil refining company for $4.1 billion.

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

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