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Salesforce and Burlington climb while Tiffany drops

Salesforce.com and Burlington Stores rise while Tiffany and DR Horton skid

Reported by: AP [ Published on: November 29, 2018 3:15 IST ]
Image Source : AP Salesforce and Burlington climb while Tiffany drops

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

Tiffany & Co., down $12.41 to $92.54

The luxury retailer reported weak sales as spending by Chinese tourists decreased.

J.M. Smucker Co., down $7.90 to $101.28

The jam and packaged food maker cut its annual profit and sales forecasts after a weak quarterly report.

Salesforce.com Inc., up $13.10 to $140.64

The customer service management software maker posted a larger profit and more revenue than analysts expected.

D.R. Horton Inc., down $1.02 to $37.32

Homebuilders continued to sink after the Commerce Department said new home sales fell again in October.

Burlington Stores Inc., up $19 to $167.56

The discount retailer raised its annual forecasts after a strong third quarter.

Western Digital Corp., down 53 cents to $48.15

The hard drive maker said Chief Financial Officer Mark Long will leave the company June 1.

Chico's FAS Inc., down $2.53 to $4.79

The clothing company reported weak results and cut its forecasts, and said the president of its namesake brand is leaving.

Papa John's International Inc., down $3.89 to $47.88

The pizza chain continued to slump after the Wall Street Journal reported that Trian Fund Management has decided not to buy it.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.

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