Stocks Succumb to Late Selloff
Citing sources, AllThingsD said the overhaul has been initiated by new CEO Marissa Mayer and is being made to better compete with the fast-growing mail offering from Google. Shares rose 1.9%.
TJX (TJX) shares gained 2.7% after the off-price apparel and home fashions retailer increased its full-year projection by a penny after topping third-quarter expectations. The company said customer traffic was up at all divisions in the U.S., Canada and Europe, driving comparable-store sales increases.
Shares of Hologic (HOLX) slid 0.69% after the medical products supplier catering to the health care needs of women provided lower-than-expected current quarter outlook and reported earnings per share that were in line with estimates
-- Written by Andrea Tse and Joe Deaux in New York.
>To contact the writer of this article, click here: Andrea Tse .