Stocks Rise Ahead of Turkey Day
Zale (ZLC), the jewelry retailer, reported a wider-than-expected fiscal first-quarter loss on Tuesday. Zale said it expects to be profitable for fiscal 2013. Shares plunged 30%.
Scholastic (SCHL), the publishing company, lowered its fiscal-year outlook after Tuesday's closing bell.
Scholastic shares plummeted 18.2%.
Chipotle Mexican Grill (CMG) shares advanced 2.6% after announcing that it has added an additional $100 million to the existing $100 million repurchase plan previously announced on Oct. 18.Cirrus Logic (CRUS) shares bumped up 2.7% after the board of the high-precision analog and digital signal processing components supplier approved $200 million in share buybacks. --Written by Andrea Tse and Joe Deaux in New York.
>To contact the writer of this article, click here: Andrea Tse. Follow @Commodity_Bull
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