DuPont and Adobe are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market:
DuPont, down $4.11 to $70.44
The chemicals company and rival Dow Chemical will attempt an all-stock merger, before splitting into three separate companies.
SunEdison Inc., up 6 cents to $4.15
The renewable energy technology company is selling 333 megawatts of wind-power assets to Terra Nova Renewable for $209 million.
Vince Holding Corp., down $1.05 to $4.59
The high-end clothing company gave a disappointing forecast for its revenue and earnings per share this fiscal year.
Corning Inc., up 99 cents to $18.68
The glassmaker is will give up its stake in Dow Corning, a joint venture with Dow Chemical, and invest in a semiconductor business.
Adobe Systems Inc., up $2.46 to $91.42
The software maker reported better-than-expected fiscal fourth-quarter profit, and revenue met Wall Street forecasts.
Ariad Pharmaceuticals Inc., down 29 cents to $6.05
The drug developer cut its revenue guidance on its key cancer treatment as it continues to negotiate pricing with France.
Nordson Corp., down $4.85 to $63.54
The maker of adhesives and industrial coatings reported worse-than-expected fiscal fourth-quarter profit and revenue.
JetBlue Airways Corp., down $2 to $23.44
The airline gave disappointing guidance for revenue per available seat mile in the fourth-quarter, a key revenue figure.