Nordstrom, Caleres rise; Mr. Cooper, Raymond James fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Dick’s Sporting Goods Inc., up $6.90 to $78.14.
The sporting goods retailer reported solid first-quarter financial results.
Nordstrom Inc., up $2.90 to $23.58.
The department store chain raised its financial forecasts for the year.
Toll Brothers Inc., up $3.55 to $48.09.
The home builder’s fiscal second-quarter profit and revenue beat Wall Street forecasts.
Intuit Inc., up $29.48 to $388.45.
The maker of TurboTax, QuickBooks and other accounting software raised its profit and revenue forecasts for the year.
Wendy’s Co., up $1.59 to $17.86.
Trian Fund Management is considering buying the remainder of the hamburger chain that it doesn’t already own.
Caleres Inc., up $6.26 to $27.19.
The owner of the Famous Footwear chain raised its profit forecast for the year.
Mr. Cooper Group Inc., down $1.23 to $41.97.
Investors were disappointed by the reinsurance company’s financial and operations update.
Raymond James Financial Inc., down 2 cents to $93.10
The financial services company said client assets decreased in April and merger underwriting activity has slowed.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.