Numerous retailers reported September same-store sales figures, with a number of discount and specialty-apparel chains topping analysts' estimates and some department stores trailing projections.
Stocks advancing after the reports included Costco
) and American Apparel
), while decliners included Kohl's
), Ross Stores
) and The Buckle
) said it is expanding its plan to cut jobs from its Motorola Mobility unit and will take $340 million in related charges in Q3.
) now has 1 billion active users, CEO Mark Zuckerberg announced in a statement on its website.
Among the notable gainers was Vringo
), which extended yesterday's gains to rise another 20% the day after a federal judge ordered the company and Google to engage in patent litigation settlement talks.
Also higher were shares of CEMEX
), which rose nearly 5% after it said that it expects its Q3 net sales to grow about 3% when adjusted for currency fluctuations.
Among the noteworthy losers was NuVasive
), which fell over 32% following at least seven downgrades of its stock after the company lowered its outlook for Q3.
Also lower was Informatica
), down 26% following downgrades at Oppenheimer and Evercore after the company's Q3 outlook missed expectations.