Analog Devices and Caleres climb while H&R Block slips
Aug. 30, 2017
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Analog Devices Inc., up $4.17 to $83.72
The chipmaker reported strong third-quarter results and gave a better-than-expected revenue forecast for the current period.
AeroVironment Inc., up $7.17 to $46.52
The drone maker said its product sales almost doubled in the fiscal first quarter.
Brown-Forman Corp., up $1.94 to $53.14
The beverage maker said sales of Jack Daniel's products and bourbon, tequila and vodka improved.
Exxon Mobil Corp., down 35 cents to $76.10
Oil prices and energy companies continued to fall as Tropical Storm Harvey affected drilling and refining operations.
H&R Block Inc., down $2.42 to $26.81
The tax preparer had a solid first quarter, but said it's still not planning any major cost cuts this year.
Caleres Inc., up $1.90 to $26.71
The footwear wholesaler and retailer posted a bigger profit and better revenue than analysts expected.
Chico's FAS Inc., down 31 cents to $7.52
The clothing chain had a disappointing second quarter as sales at its namesake stores tumbled.
Otonomy Inc., down $17.23 to $3.58
The company ended development on its vertigo drug Otividex after it failed in a clinical trial.