Stocks that are moving substantially or trading heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Home Depot, down $1.50 at $27.37 A big one-time charge and a slumping housing market lowered profit by 66 percent, the nation's biggest home improvement retailer said. Target Corp., down 63 cents at $54.29 Softer-than-expected sales, especially at established stores, crimped the retailer's quarterly profit, but it still beat Wall Street expectations. Fannie Mae, down $1.21 at $27.74 Standard & Poor's lowered the risk-to-the-government rating, which measures how strong the mortgage financier is without government support. McGraw-Hill Cos., down $1.24 at $43.59 The information services company will cut 395 positions in its financial services and education segments, or about 2 percent of its global staff. Saks Inc., down 93 cents at $13.20 Higher discounting weighed on profit margins, even though the operator of Saks Fifth Avenue posted a 66 percent higher profit. Continued... |