Midday movers: RIM, Barnes & Noble, Tiffany

Stocks pare earlier gains after tough words from House Speaker John Boehner aimed at Democrats and the White House.

By MSN Money Partner Nov 29, 2012 2:13PM
Image, Wall Street sign copyright Corbis, SuperStocklogoInformation provided by Theflyonthewall.com

Among retailers reporting November same-store sales, Limited (LTD) was one of the few to beat expectations and its shares advanced 1%. 

Among those declining after reporting worse-than-expected November comparable sales were Kohl's (KSS), Gap (GPS), Macy's (M), Target (TGT) and Nordstrom (JWN). 

Several retail stocks also moved following earnings reports, with Tiffany (TIF) and Aeropostale (ARO) among the notable decliners. 

Guess (GES), however, advanced after its quarterly report and the declaration of a $1.20 per share special dividend.

Among the notable market gainers Thursday were Infoblox (BLOX), up 36% following its better-than-expected​ earnings and guidance, and Research In Motion (RIMM), up 6% after Goldman Sachs raised its rating on shares to "buy" with a $16 price target. 

Among the noteworthy losers were Liquidity Services (LQDT), down 17%, and Barnes & Noble (BKS), down 10%, after their earnings reports. 

Also lower were shares of Advance Auto Parts (AAP), down 6% after Reuters and the New York Post said private equity bids for the company fell short of Advance's expectations, and that a sale may now be unlikely. 
Tags: AAPAROBKSGESGPSLTDRIMMTGTTIF
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