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Target, Zale, Saks are big movers

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May 22, 2013 05:57 PM EST | AP

NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:


Target Corp., down $2.86 at $68.40

The retailer reported a 26 percent drop in first-quarter profit and the company also cut its annual profit outlook.

Zale Corp., up $1.20 at $6.60

The jeweler surprised Wall Street with a quick return to a profitable third quarter. Its revenue also topped Wall Street expectations.

Saks Inc., up $1.83 at $15.50

The New York Post reported that the luxury retailer is exploring strategic alternatives, including a possible sale of the company.

Booz Allen Hamilton Holding Corp., up $1.41 at $18.38

The company, which operates a management and technology consultant, said that its fiscal fourth-quarter net income rose 8 percent.

Toll Brothers Inc., up $1.06 at $37.07

The homebuilder said that its second-quarter earnings jumped 46 percent as a rebounding economy and low interest rates drove sales.


Intuit Inc., up 70 cents at $58.59

The seller of tax-filing software TurboTax and the finance program Quicken said that its third-quarter net income rose 12 percent.

NetApp Inc., up 65 cents at $37.28

The data storage company said that it will eliminate 900 jobs as part of a restructuring effort to streamline operations.

Jamba Inc., up 15 cents at $3.04

A Wedbush analyst said that the fruit smoothie company has good opportunities to grow profit in the next few years.