Hovnanian and Deere rise while Kraft Heinz and VF slide
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday:
Kraft Heinz Co., down $1.91 to $70.80
The food conglomerate had a weak quarter as cheese sales declined.
Deere & Co., up $2.63 to $169.44
The farm equipment maker raised its annual profit and sales forecasts.
V.F. Corp., down $9.30 up $74.64
The clothing company had a solid quarter, but after a cold winter, analysts had hoped for better.
Shake Shack Inc. down $3.18 to $38.03
The burger chain’s sales forecasts for 2018 were lower than analysts expected.
Ryder System Inc., down $8.31 to $76.43
The truck leasing company gave a lower-than-expected profit forecast and said the used vehicle market remains weak.
Hovnanian Enterprises Inc., up 12 cents to $2.24
Homebuilders rose after the Commerce Department said construction of new homes jumped last month.
Campbell Soup Co., down $1.53 to $46.17
The packaged food company said sales of soups fell as a dispute with an important customer continued to hurt its business.
Jack in the Box Inc., down $5.99 to $91.60
The activist investment firm Jana Partners disclosed a bigger investment in the fast food chain.