AutoZone, Qualcomm rise; Kohl's, J.C. Penney fall
Stocks that moved substantially or traded heavily on Tuesday:
Kohl's Corp., down $7.76 to $55.15
The department store operator's first quarter results and its profit forecast for the year fell short of forecasts.
J.C. Penney Co., down 8 cents to $1.07
The retailer's first quarter sales fell and its loss was wider than analysts had forecast.
Mallinckrodt PLC, down $3.16 to $9.87
The drug developer is suing the U.S. government over a Medicaid drug rebate decision for its Acthar Gel.
Circor International Inc., up $12.34 to $43
Crane Co. is offering to buy the industrial pumps and valves maker for about $895 million in cash.
AutoZone Inc., up $54.42 to $1,032.25
The auto parts retailer beat Wall Street's profit and revenue forecasts for its fiscal third quarter.
Dycom Industries Inc., up $11.50 to $57.05
The provider of specialty contracting services beat Wall Street's first quarter earnings forecasts and gave investors a solid outlook.
Eaton Vance Corp., up $2.83 to $40.11
The investment manager's fiscal second quarter revenue and profit beat analysts' forecasts.
Qualcomm Inc., up $1.13 to $77.75
The chipmaker and its peers are getting a lift from the U.S. government's move to temporarily ease off restrictions on technology sales to Chinese companies.