Accenture and Embraer jump on Wall Street while PG&E slumps
The Associated Press
Dec. 21, 2017
Stocks that moved substantially or traded heavily Thursday:
Accenture PLC, up $2.45 to $154.20
The consulting company reported stronger revenue and earnings than Wall Street expected.
PG&E Corp., down $6.62 to $44.50
The utility suspended its dividend amid concerns that it may be found liable for wildfires in northern California.
Voya Financial Inc., up $5.24 to $52.07
The financial company is reportedly planning to sell some variable annuity assets and buy back shares.
Apogee Enterprises Inc., down $8.56 to $42.32
The glass design and development company cut its guidance and reported results that fell short of forecasts.
Finish Line Inc., up $1.51 to $13.20
The athletic shoe and apparel retailer reported a loss that was smaller than analysts expected.
CarMax Inc., down $2.47 to $66
The used car dealership operator reported margins that fell short of estimates.
Bed Bath & Beyond Inc., down $3.06 to $21.51
The home goods retailer's profit margins weakened.
Embraer S.A., up $4.43 to $24.42
The Brazilian company confirmed that it's in talks with rival aircraft maker Boeing about a potential deal.