Darden, Oshkosh, Big Lots are market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
Darden Restaurants Inc., down $5.02 at $47.40
The owner of the Red Lobster and Olive Garden restaurant chains cut its profit forecast for the year blaming failed promotions.
Oshkosh Corp., down $1.14 at $28.96
Billionaire investor Carl Icahn said that he is giving up on his bid to buy the truck maker, based in Oshkosh, Wis.
Vail Resorts Inc., down $4.41 at $51.43
The ski resort operator said that its fiscal first-quarter loss rose and warned it may not hit its earnings target this year.
Pep Boys - Manny, Moe & Jack, down $1.11 at $9.57
Due to rising costs and falling sales, the automotive parts retailer said that it fell to a loss during its fiscal third-quarter.
Big Lots Inc., up $3.23 at $31.27
The discount retailer posted a third-quarter loss, but its results still beat expectations and it raised its full-year forecast.
Select Comfort Corp., up $1.38 at $27.67
A KeyBanc analyst reiterated his "Buy" rating on the mattress maker saying that more Americans are upgrading their mattresses.
PetMed Express Inc., up 50 cents at $12.05
The pet pharmacy company said it will pay a special dividend of $1 per share this month and keep its regular quarterly dividends.
Francesca's Holdings Corp., up $1.51 at $26.81
A Jefferies analyst upgraded the women's clothing company to a "Buy," citing potential growth as it opens more stores.