Leaping Deere: Deere rose 4 percent Friday, to $93.35 after the equipment maker raised its profit forecast for the year. Strong sales in construction equipment offset a global agricultural slowdown.
Deere raises profit outlook on strong construction equipment sales
May 22, 2015 at 9:25PM
Deals: Ann Inc., the parent company of Ann Taylor and Loft, jumped 20 percent Monday, to $46.27 after it agreed to be acquired by the Ascena Retail Group. It closed the week at $46.97.
Tight budget: Wal-Mart Stores on Tuesday turned in sluggish sales and a drop in quarterly earnings as raises for workers and a rising dollar put pressure on its profits. Overall results came up short of Wall Street's estimates, sending Wal-Mart's stock down 3 percent, to $77.26. It closed the week at $75.86.
POW: Video gamer Take-Two Interactive surged 16 percent Tuesday to $28.02 after posting earnings that trounced analysts' estimates thanks in part to strong sales of a personal computer version of "Grand Theft Auto V." The company's stock closed Friday at $27.26.
Craft crash: Etsy plunged 20 percent to $16.45 Wednesday after its first earnings report as a publicly traded company showed a hefty quarterly loss. Shares in e-commerce retailer of crafts ended the week at $17.17.
Lower Lowe's: The home improvement retailer Lowe's sank 5 percent Wednesday, to $68.89 on earnings and revenue that fell short of what analysts were looking for. The stock finished the week at $69.54.
Strong Buy: Best Buy rose 6 percent to $35.65 Thursday after first-quarter results showed strong sales of mobile phones, big televisions and major appliances offsetting weakness in tablets and computers. Shares closed the week at $34.33.
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The Seattle-based company bought the 348-acre parcel for $73 million.
