J.C. Penney, Lowe's, Tesla are big market movers

J.C. Penney, Lowe's, La-Z-Boy, Tesla, Yahoo are big market movers

Associated Press

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


J.C. Penney Co. Inc., up 73 cents to $9.44

Investors looked past meager quarterly profits, focusing instead on the retailer's strong sales heading into the holiday.

La-Z-Boy Inc., up $2.40 to $26.82

Quarterly profit more than doubled, revenue rose and the furniture company boosted its quarterly dividend payout 50 percent.

Lowe's Cos. Inc., down $3.11 to $47.33

The home improvement retailer fell short of profit projections after a surprisingly strong quarter from rival Home Depot.

Gray Television Inc., up $1.62 to $11.03

The broadcaster teamed up with Excalibur Broadcasting to acquire 15 television stations in seven markets for $335 million.


Lululemon Athletica Inc., up $1.42 to $68.17

Canaccord Genuity sees no end to the trend toward more active lifestyles, which would certainly benefit the yoga outfitter.

Yahoo Inc., up 99 cents to $35.62

The Internet company announced plans to sell $1 billion in senior notes and increase its stock buyback authorization by $5 billion.

Tesla Motors Inc., down $4.98 to $121.11

The electric car maker's stock extends a downturn a day after federal regulators announced an investigation into vehicle fires.

IntelliPharmaceutics International Inc., down 48 cents to $4.47

U.S. regulators have given final approval to a generic version of its attention deficit-hyperactivity disorder treatment.

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