Target and Red Robin sink while Lowe's and Tiffany jump


Save Story
Leer en español

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 Information in the story may be outdated or superseded by additional information.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 Wednesday:

Target Corp., down $4.30 to $71.17

The retailer's profit dropped as it made big investments in its business.

United Technologies Inc., down 29 cents to $127.58

The maker of elevators, jet engines and other products plans to hire 35,000 people and invest more than $15 billion in the U.S. over the next five years.

Lowe's Cos., up $8.94 to $94.69

The home improvement retailer raised its annual sales forecast.

Tiffany & Co., up $23.81 to $126.05

The jewelry retailer reported a bigger profit and better sales than analysts expected.

Red Robin Gourmet Burgers Inc., down $10.55 to $47.40

The burger chain's quarterly profit and sales fell far short of Wall Street estimates.

Hewlett Packard Enterprise Co., down $1.83 to $15.58

The data center hardware maker had a strong quarter but gave up some of its gains from earlier in the year.

Comcast Corp., down 63 cents to $31.88

The cable company said it's preparing an all-cash offer for most of Twenty-First Century Fox.

Ralph Lauren Corp., up $16.72 to $133.33

The clothing company had a strong fiscal fourth quarter and said it expects profit margins to improve this year.

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 This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast