Personal Finance

May 29, 2013

DSW, Wet Seal, Daktronics, SLM

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market.
NYSE

Trina Solar Ltd., down 75 cents at $6.04

The Chinese solar panel maker's first-quarter loss widened as solar module shipments dropped. Results missed expectations.

Chico's FAS Inc., down $1.38 at $17.96

The clothing chain's first-quarter profit dropped nearly 5 percent as it discounted its seasonal merchandise.

DSW Inc., up $2.50 at $72.48

The shoe retailer said that its first-quarter net income fell 13 percent, but its results easily beat Wall Street expectations.

Nasdaq

Wet Seal Inc., up 37 cents at $4.87

In a sign that its turnaround may be working, the teen retailer's outlook for the current quarter topped Wall Street expectations.

SLM Corp., up 50 cents at $23.48

The student loan company, known as Sallie Mae, plans to split into two separate, public companies. It also named a new CEO.

Daktronics Inc., down 85 cents at $10.16

The video display maker posted a profit for its fiscal fourth quarter, but its results fell far short of market expectations.

The Fresh Market Inc., up $3.93 at $50.29

The grocery store chain said its first-quarter net income rose 15 percent thanks to contributions from new stores.

United Natural Foods Inc., down $1.67 at $53.97

The distributor of natural, organic and specialty foods narrowed its earnings forecast.

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