Transocean and Conn's slip, Joy Global and Ciena rise
NEW YORK (AP) - Stocks that moved substantially or traded heavily Thursday:
Transocean Ltd., down 9 cents to $9.74
The price of oil fell after OPEC nations said they didn't agree on cuts in energy production, which weighed on energy-industry stocks.
L Brands Inc., up $2.92 to $71.33
The company behind Victoria's Secret reported strong May sales.
Conn's Inc., down $3.08 to $8.63
The retailer cut its guidance and announced a management shakeup after it reported disappointing quarterly results.
DeVry Education Group Inc., down $2.36 to $15.84
The for-profit education company said its chief financial officer is stepping down and its stock was downgraded by Credit Suisse.
Joy Global Inc., up $3.66 to $20.36
The mining equipment company posted strong revenue and said China's economy could improve soon, giving its business a boost.
Hovnanian Enterprises Inc., down 22 cents to $1.71
The homebuilder posted an unexpected quarterly loss and cut its revenue forecast for the year.
Box Inc., down $1.47 to $11.34
The online storage had a strong first quarter but investors were disappointed with its contract bookings.
Ciena Corp., up $2.27 to $20.03
The high speed networking technology company posted strong results.