Teva, Tiffany and Delta rise while Pier 1 and Nucor fall



Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

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

Walt Disney Co., up $2.96 to $110.57

The entertainment company agreed to buy most of 21st Century Fox for $52.4 billion in stock.

Tiffany & Co., up $3.24 to $99.34

The luxury retailer extended a licensing agreement with eyewear maker Luxottica.

Teva Pharmaceuticals Industries Ltd., up $1.60 to $17.30

The generic drugmaker said it will eliminate one-fourth of its jobs as part of a major cost-cutting effort.

Pier 1 Imports Inc., down $1.72 to $4.12

The home decor company cut its forecasts and said its business has struggled in December.

Delta Air Lines Inc., up $1.62 to $55.25

Investors were pleased with an update on Delta's business in the fourth quarter.

Mattel Inc., up 65 cents to $16.24

The Commerce Department said retail spending climbed 0.8 percent in November.

Nucor Corp., down $2.31 to $59.54

The steel maker gave disappointing forecasts for the fourth quarter.

Sanderson Farms Inc., down $21.79 to $145.85

The poultry producer's earnings fell short of expectations as demand fell, partly because of hurricane-related disruptions.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast