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SMALL BUSINESS
Tiffany, J. Crew, TiVo, Incyte are big movers
By The Associated Press
, AP
NEW YORK -The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:
NYSE:
Tiffany & Co., up $2.06 to $43.89
Strong sales overseas and contained costs led the luxury jeweler to raise its profit outlook ahead of the holiday season.
Deere & Co., up $1.41 to $53.70
Shares hit a high for the year, even as the farm equipment maker said sales dropped and its profit forecast was short of expectations.
J. Crew Group Inc., up $3.20 to $44.05
Wall Street expects strong holiday sales at the apparel retailer, a favorite of First Lady Michelle Obama.
Hospitality Properties Trust, up 93 cents to $19.17
An analyst upgraded the real estate investment trust on expectations the company will reinstate its cash dividend in 2010.
NASDAQ:
Incyte Corp., up 74 cents to $8.46
The tiny drug developer licensed two potential drugs to Swiss pharmaceutical giant Novartis AG in a deal potentially worth $1.3 billion.
Coldwater Creek Inc., down 76 cents to $4.59
A bigger-than-expected quarterly loss due to big markdowns drove down the women's apparel retailer's shares.
Vistaprint NV, up $2.66 to $52.91
An analyst upgraded the business card and printed products company's stock following a recent drop in the share price.
TiVo Inc., down 75 cents to $10.22
Deals with Google and Virgin Media didn't offset the digital video recorder company's quarterly loss and disappointing forecast.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-11-25 16:26:30
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