H&R Block, Zynga, Akamai are big market movers

H&R Block, Zynga, Vera Bradley, Akamai are among companies making big market moves Thursday

Associated Press

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

NYSE

H&R Block Inc., up 89 cents at $18.26

The tax preparer's quarterly loss narrows, helped by cost cuts. It thinks earnings will grow in the upcoming U.S. tax season.

SAIC Inc., down 41 cents at $11.26

The defense contractor's quarterly earnings fall short of Wall Street expectations, and it's eliminating 700 jobs to cut costs.

Men's Wearhouse Inc., down 84 cents at $30.51

The men's clothing store chain cuts its outlook, saying traffic dropped in November and it was more cautious about the rest of the year.

Safeway Inc., up 42 cents at $17.88

The grocery store chain moves up payment of its quarterly dividend to December from January to avoid potentially higher taxes.

Nasdaq

Zynga Inc., up 17 cents at $2.49

The troubled online games maker's filing with a Nevada regulator could pave the way for it to enter the lucrative U.S. gambling market.

Vera Bradley Inc., down $3.07 at $23.14

The handbag maker's forecast for the current quarter comes in short of Wall Street analysts' average estimate.

Akamai Technologies Inc., up $3.56 at $39.06

The company, whose products help deliver online content, strikes a deal to provide services to AT&T customers.

Epoch Investment Partners Inc., up $5.78 at $27.69

Canada's TD Bank plans to buy the U.S. asset manager for $668 million, a 28 percent premium from Wednesday's closing price.

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