Tuesday, February 26, 2013 5:38 pm
Home Depot, Trina Solar, Hovnanian are big movers
The Associated Press
The Home Depot Inc., up $3.64 at $67.56
The home improvement retailer's fourth-quarter net income jumped 32 percent due to strong sales and Superstorm Sandy cleanup.
Martha Stewart Living Omnimedia Inc., down 16 cents at $2.85
The media company's fourth-quarter net income fell 74 percent due to weak results at its publishing and broadcasting divisions.
Vitamin Shoppe Inc., down $11.78 at $51.44
The vitamin retailer said that fourth-quarter net income rose 3 percent, but revenue growth fell short of analysts' expectations.
Hovnanian Enterprises Inc., up 59 cents at $5.79
Shares of the homebuilder rose after the government said that new-home sales jumped in January and home prices rose in December.
Telephone & Data Systems Inc., down $2.01 at $23.36
The owner of U.S. Cellular and TDS Telecom posted a fourth-quarter loss and said it bought Baja Broadband for $267.5 million.
Trina Solar Ltd., down 23 cents at $4.24
The solar company posted fiscal fourth-quarter results that missed analysts' expectations and its profit margins shrank.
United Natural Foods Inc., down $2.55 at $50.45
The distributor of organic and natural foods to grocery stores and other customers cut its outlook for the entire year.
Cracker Barrel Old Country Store Inc., up $5.80 at $72.75
Despite bad weather that lowered traffic at some of its restaurants, the company's second-quarter net income rose 38 percent.