Zillow and SodaStream 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

Best Buy Co., up 87 cents to $26.22

Net income topped Wall Street expectations for the first quarter, though sales fell short and the company sees light sales ahead.

Hewlett Packard Co., down 74 cents to $31.78

The technology giant said it is cutting another 11,000 to 16,000 jobs and gave an outlook below expectations.

Nabors Industries Ltd., up 67 cents to $26

Analysts with Jefferies & Co. added the energy services company to their “buy” list, citing revenue growth and good cash flow.

Nasdaq

SodaStream International Ltd., down $1.40 to $38.22

Analysts with Barclays believe the soda machine maker is a bit flat, with sales in the crucial U.S. market falling sharply.

Sears Holdings Corp., up $1.54 to $38.10

The retailer signaled that it may close more stores after losses widened during the first quarter and sales fell 7 percent.

Dollar Tree Inc., up $3.31 to $53.31

Shares hit two-month highs after the discount retailer topped profit expectations and its sales momentum carried into May.

Children’s Place Retail Stores Inc., up $2.20 to $47.69

First-quarter net income slid 29 percent at the retailer, but that was not as bad as many industry watchers had anticipated.

Zillow Inc., up $5.28 to $114.32

The CEO of the online real estate information service said that the company could move aggressively into the rentals market.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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