Bed Bath & Beyond, TJX, Buckle are market movers

[April 06, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Constellation Brands Inc., down $3.08 at $21.61

The maker of Corona beer and other beers, spirits and wines said that its fiscal fourth-quarter net income fell 63 percent.

Rite Aid Corp., up 2 cents at $1.73

The drugstore chain said that sales at stores open at least a year grew 3.6 percent last month, helped by increases at its pharmacy.

The TJX Cos. Inc., up 93 cents at $40.29

The owner of the Marshalls, T.J. Maxx and HomeGoods stores raised its first-quarter earnings outlook above Wall Street expectations.

Buckle Inc., down $3.30 at $45.75

The apparel retailer said that sales in March at stores open at least a year rose 6.4 percent, less than Wall Street had expected.

Nasdaq

Great Wolf Resorts Inc., up 88 cents at $6.58

A second private equity firm made an offer to buy the indoor water park operator, topping the offer made by its original suitor.

Bed Bath & Beyond Inc., up $5.62 at $71.85

The home goods retailer said its profit jumped 24 percent in its fiscal fourth quarter, driven by better-than-expected sales.

Polycom Inc., down $3.63 at $14.56

The videoconferencing equipment maker said that its first-quarter net income will be below what Wall Street expected.

Spectrum Pharmaceuticals Inc., down $1.15 at $11.06

The drug developer said that its potential bladder cancer treatment apaziquone missed its main goal in late-stage testing.

[Associated Press]

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