Target, American Apparel, Deere, Phoenix Technologies among big market movers Wednesday

Target, American Apparel, Deere big market movers

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

NYSE

Chico’s FAS Inc., up 84 cents at $9.25

The retailer’s quarterly profit more than doubled as sales rose and more customers bought items from its stores.

American Apparel Inc., down 22 cents at 81 cents

The company beloved by hipsters and T-shirt fans said it might not have enough liquidity to sustain itself another year.

Potash Corp. of Saskatchewan Inc., up $4.76 at $147.93

Mining giant BHP Billiton took its $38.5 billion takeover offer directly to shareholders after the fertilizer maker rejected its bid.

Deere & Co., down $1.25 at $65.98

The farm equipment maker reported a big gain in quarterly profit as revenue rose, but issued a conservative forecast for the year.

BJ’s Wholesale Club Inc., down $1.17 at $42.14

The warehouse club operator lowered its guidance for the year because of lower expected merchandise sales.

Target Corp., up $1.27 at $51.95

Cost cuts helped the discount retailer boost its quarterly net income more than 14 percent despite slow growth in revenue.

NASDAQ

Phoenix Technologies Ltd., up 76 cents at $3.78

Private equity firm Marlin Equity Partners will buy the software maker for $3.85 per share, or $139 million.

Grand Canyon Education Inc., up $1.68 at $17.35

The for-profit school will pay $5.2 million to settle a whistleblower lawsuit that alleged it improperly paid certain recruitment counselors.