Barnes & Noble and IBM are big market movers
Travelzoo, Morgan Stanley, Mattel, Barnes & Noble and IBM are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Western Union Co., down 80 cents to $15.25
Wal-Mart announced a new money transfer service catering to its low-income customers, a huge threat to the money transfer chain.
Barnes & Noble Inc., down $2.23 to $16.37
Chairman Leonard Riggio sold another sizeable chunk of shares in the bookseller, lowering his total stake to about 20 percent.
Chipotle Mexican Grill Inc., down $32.79 to $519.61
The Mexican food chain said that it will raise prices for the first time in three years.
IBM Corp., down $6.39 to $190.01
The technology company posted its worst quarterly revenue numbers in five years as overall hardware sales continue to slide.
Morgan Stanley, up 87 cents to $30.76
Trading, mergers and acquisitions helped drive first-quarter profits up 18 percent at the investment bank.
Nasdaq
Mattel Inc., down 41 cents to $37.47
The toy maker posted a surprise quarterly loss with Barbie looking like a wallflower on store shelves.
SanDisk Corp., up $7.14 to $82.99
The flash-memory maker blew away Wall Street expectations for the first quarter on strong sales of solid-state drive sales.
Travelzoo Inc., down $1.77 to $17.35
Profit and sales fell at the Internet media company as slowing business in North America overshadowed positive results in Europe.