NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
Dick’s Sporting Goods Inc., up $4.54 at $40.94
The Pittsburgh-based retailer said its board of directors authorized a $200 million share repurchase program over the next year.
Williams-Sonoma Inc., down $4.76 at $34.32
The home goods seller cut its fourth-quarter earnings guidance to below what analysts expected due to its holiday promotions.
Royal Bank of Scotland Group PLC, up 37 cents at $7.17
The government-owned British bank said it will cut 3,500 jobs in a reorganization and rebranding of its investment banking unit.
Chevron Corp., down $2.80 at $104.97
The oil and gas company said that its fourth-quarter profit will be below its third-quarter results due to lower refining margins.
Sears Holdings Corp., up $1.10 at $34
Bloomberg reported that lender CIT Group will stop financing loans to suppliers waiting to be paid by the troubled retailer.
Infosys Ltd., down $5.02 at $51.85
Quarterly profits at the software services company beat expectations, but it said that the global slowdown will hurt its growth.
Openwave Systems Inc., up 17 cents at $1.94
The mobile technology software maker said that it is reviewing strategic options for its messaging and mediation businesses.
Synutra International Inc., down 49 cents at $4.24
The nutritional products maker said two children became sick, and one died, after taking its powdered milk formula.