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Staples and SodaStream are big market movers

Published on NewsOK Modified: March 6, 2014 at 3:25 pm •  Published: March 6, 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

Yum Brands Inc., up $2.48 to $77.29

Analysts see rising share prices as problems in China fade for the owner of Kentucky Fried Chicken, Pizza Hut and Taco Bell.

The Kroger Co., down 31 cents to $43.37

The nation's largest supermarket reported rising sales at stores open at least a year and better-than-expected profit in the fourth quarter.

Safeway Inc., down 1 cent to $39.47

The Wall Street Journal reported that private-equity firm Cerberus has a preliminary deal to buy the grocer.

Nasdaq

Staples Inc., down $2.05 to $11.35

On the heels of a similar announcement from RadioShack, the office retail-supply chain says that it will close hundreds of stores to save money.

Costco Wholesale Corp., down $3.21 to $113.26

Soft sales, weaker gross margins and unfavorable currency exchange rates led to a miss for the fiscal second quarter at the retail warehouse.

Children's Place Retail Stores Inc., down $4.04 to $50.66

The children's clothing retailer is closing more than 100 stores this year after reporting falling fourth-quarter sales.

SodaStream International Ltd., up $1.27 to $40.95

Fund manager Whitney Tilson reveals a big position in the soda machine company, saying that it's not a fad like many believe.

Sangamo BioSciences Inc., up $3.35 to $22.96

The company reported positive clinical trial results for an experimental HIV treatment.


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