McDonald's, Rite Aid, Hot Topic market movers
NEW YORK—Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
McDonald's Corp., down $3.22 at $96.96
The fast food chain said that global sales of stores open at least 13 months came in short of expectations in February.
Anheuser-Busch Inbev, up $2.69 at $69.56
The brewer's fourth-quarter net profit nearly doubled from a year ago on strong growth of its Budweiser and Stella Artois brands.
Rite Aid Corp., up 8 cents at $1.77
The drugstore chain said that February revenue at stores open at least a year climbed 3.1 percent from the same period last year.
Williams-Sonoma Inc., down $2.22 at $35.62
The home goods seller said that its chief financial officer is retiring. A Goldman Sachs analyst said the news was a bit surprising.
American International Group Inc., down $1.14 at $28.31
The government said that it set a price of $29 a share for the $6 billion in common stock it is selling in the insurance company.
Navistar International Corp., down 76 cents at $39.27
The heavy trucks and engines maker posted a widening first-quarter loss due to higher health care costs and a brake supplier issue.
Hot Topic Inc., up $1.07 at $9.86
The teen retailer turned a fourth-quarter profit, even with 1 percent lower revenue than a year earlier, as it cut spending.
The St. Joe Co., up $1.31 at $17.63
The real estate developer named Thomas Hoyer as its new chief financial officer to replace 16-year company veteran Janna Connolly.