Michael Kors and Capital One fall; Analog Devices rises
Stocks that moved substantially or traded heavily on Wednesday:
Analog Devices Inc., up 96 cents to $85.76
The chipmaker's second-quarter results were stronger than expected, and its estimates for the current quarter were also above estimates.
Michael Kors Holdings Inc., down $3.09 to $33.18
The luxury retailer announced weak quarterly sales and said it will close 125 stores.
Capital One Financial Corp., down $1.36 to $76.92
Banks took steep losses as bond yields slipped.
Hertz Global Holdings Inc., up 79 cents to $10.21
The rental car company said it will sell $1 billion in senior notes to pay off short-term debt.
Williams Cos., down 9 cents to $28.60
Energy companies continued to fall as the price of oil dropped sharply.
Perrigo Co., up $4.93 to $72.85
The Irish drugmaker's first-quarter report was better than expected.
Koppers Holdings Inc., down $1.40 to $36.05
Small-company stocks fell more than the rest of the market for the second day in a row.
Vera Bradley Inc., up 91 cents to $9.41.
The handbag and accessories company posted a smaller loss than analysts had anticipated.