Despite worse-than-expected retail sales the major indices closed the session in positive territory. The Dow gained 0.4%, the S&P added 0.7% and the Nasdaq traded up 0.5%.
Here are Thursday’s winners and losers
Winners:
Harris Corp. (HRS)
The IT company watched shares soar 12.1% on better-that-expected quarterly earnings. HRS shares closed at $34.19,a gain off $3.70.
Tellabs Inc. (TLAB)
An upgrade from Morgan Keegan pushed the communication company up 10%. TLAB shares last traded at $6.85, up 62 cents.
Massey Energy Co. (MEE)
The coal producer followed the sector’s upward trend up 8.4%. MEE shares finished trading at $30.54, a gain of $2.36.
Regions Financial Corp. (RF)
News that hedge Paulson & Co. purchased 35 million shares of the bank skyrocketed the stock up 7.9% Thursday. RF shares closed at $5.20, a gain of 38 cents.
Tenet Healthcare Corp. (THC)
The health-care services company led the sector with a 7.5% gain. THC shares last traded at $4.43, up 31 cents.
Losers:
E*Trade Financial Corp. (ETFC)
The stock plummeted 4.1% on the news that Citadel Investment Group sold its shares in the online-investing company. ETFC shares last traded at $1.40, down 6 cents.
Constellation Energy Group Inc. (CEG)
The utility provider recovered from session lows but still traded down 4.1%. CEG shares closed at $29.03, a loss of $1.23.
CBS Corp. (CBS)
A Caris downgrade dropped the broadcasting company 4%. CBS shares ended the session at $10.29, down 43 cents.
D.R. Horton Inc. (DHI)
A Citi downgrade cost the homebuilder 3.7%. DHI shares finished Thursday at $12.95, a loss of 50 cents.
Washington Post Co. (WPO)
The publisher fell 3.4% to end the session. WPO shares last traded at $475.60, a loss of $16.76.
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