AP NEWS

American Airlines and SLM jump while McCormick falls

January 24, 2019

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:

American Airlines Group Inc., up $2.01 to $33.66

The airline’s profit and sales were better than expected and it said revenue will continue growing in the first quarter.

Citrix Systems Inc., down $6.80 to $101.86

The cloud computing company’s forecasts fell short of Wall Street estimates.

Xilinx Inc., up $16.51 to $106.06

The computer chipmaker’s third-quarter results were significantly stronger than analysts anticipated.

PG&E Corp., up $5.96 to $13.95

Investigators determined the utility’s equipment did not spark a deadly 2017 wildfire in California’s wine country.

SLM Corp., up $1.24 to $10.73

The student loan company reported better-than-expected fourth-quarter profit and revenue.

Union Pacific Corp., up $6.01 to $160.34

The railroad reported better-than-expected fourth-quarter profit and revenue.

W.W. Grainger Inc., down $10.94 to $286.22

The industrial supply company reported mixed fourth-quarter results, with sales falling short of expectations.

McCormick & Co., down $14.65 to $124.35

The spices and seasonings maker reported disappointing fourth-quarter profit and revenue.

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