Hormel Foods and Hertz are big market movers

Hormel Foods, Hertz, Hewlett-Packard, Sears, and Stage Stores are big market movers

Associated Press

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

NYSE

Hormel Foods Corp., up $2.06 to $49.92

The maker of Spam and Dinty Moore stew reported a 21 percent jump in quarterly profit, topping Wall Street expectations.

Hertz Global Holdings Inc., down 23 cents to $30.10

Activist investor Carl Icahn has taken an 8.5 percent stake in the rental car company and may seek representation on its board.

Hewlett-Packard Co., up $1.88 to $37

The personal computer and printer maker reported a 29 percent quarterly profit drop, but its adjusted results met expectations.

Stage Stores Inc., down $1.47 to $17.03

The department store retailer reported worse-than-expected quarterly financial results and lowered its full-year guidance.

Nasdaq

Sears Holdings Inc., down $2.57 to $33.38

The retailer reported a hefty second-quarter loss on another sales slump and plans to cut more costs, including closing stores.

Auxilium Pharmaceuticals Inc., up 78 cents to $18.55

The biotechnology company said its potential cellulite drug met key goals and improved appearance in a midstage clinical trial.

America's Car-Mart Inc., up $4.67 to $41.86

The automotive retailer reported better-than-expected quarterly profit and revenue, though revenue at established stores declined.

Bon-Ton Stores Inc., up $1.16 to $10.21

The department store operator reported a narrower quarterly loss on an increase in sales, while sales at established stores increased.

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