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Kohl's and Keurig are big market movers

Published on NewsOK Modified: August 14, 2014 at 3:29 pm •  Published: August 14, 2014
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Kohl's Corp., up $1.80 to $56.91

The retailer reported profit that remained nearly flat during the second-quarter, but the results beat Wall Street expectations.

Wal-Mart Stores Inc., up 36 cents to $74.39

The retailer posted slightly higher quarterly profits, but said sales remained sluggish and the company trimmed its outlook.

Ultra Petroleum Corp., up 65 cents to $23.11

The oil company will pay $925 million to buy Marcellus Shale properties from a Royal Dutch Shell unit and expand production.

Nasdaq

Keurig Green Mountain Inc., up 25 cents to $114.30

The coffee company will raise prices by up to 9 percent in November because of higher costs for unroasted coffee and materials.

Cisco Systems Inc., down 66 cents to $24.54

The company will lay off up to 6,000 workers worldwide, or 8 percent of its workforce, as part of a restructuring program.

Plug Power Inc., up 25 cents to $6.11

The fuel cell company reported a doubling in quarterly revenue, topping expectations, on an increase in demand for its units.

Noodles & Co., down $4.05 to $21.16

The restaurant company reported worse-than-expected quarterly financial results and projected an outlook below expectations.

Red Robin Gourmet Burgers Inc., down $11.92 to $52.63

The restaurant company reported a drop in quarterly profit and revenue that fell far short of Wall Street expectations.