Kroger and KBR are big market movers

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News,Business

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Pier 1 Imports Inc., down $2.40 to $15.86

The furniture retailer's quarterly profit fell short of Wall Street expectations and it also lowered its full-year guidance.

The Kroger Co., up $2.39 to $49.66

The supermarket operator beat Wall Street's quarterly profit expectations and boosted its earnings guidance for the year.

Rite Aid Corp., down 26 cents to $7.18

The drugstore company reported a drop in first-quarter profit on higher drug costs and reimbursement rate reductions.

KBR Inc., down $1.86 to $24.46

The engineering and construction company said it will undergo a strategic business review following a first quarter loss.

Nasdaq

BlackBerry Ltd., up 80 cents to $9.09

The smartphone company beat Wall Street's quarterly profit expectations.

AngioDynamics Inc., up 69 cents to $16

A Canaccord Genuity analyst upgraded the medical device maker citing better cash flow and improving business.

Measurement Specialties Inc., up $8.38 to $86.38

The sensor maker is being bought by electronics company TE Connectivity for about $1.7 billion, including debt.

Insmed Inc., up $1.02 to $18.80

The Food and Drug Administration designated the company's lung disease treatment as a breakthrough therapy.

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