Foot Locker and Deere slide while Estee Lauder jumps
Aug. 18, 2017
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:
Foot Locker Inc., down $13.32 to $34.48
The athletic gear retailer had a weak quarter and plans to close more stores.
Hibbett Sports Inc., down 60 cents to $10.90
The sporting goods retailer cut its annual forecasts after a disappointing quarter.
Deere & Co., down $6.67 to $117.31
The farm equipment maker's sales in its fiscal third quarter came in lower than investors expected.
Ross Stores Inc., up $5.69 to $59.02
The discount store chain raised its annual forecasts after a strong second quarter.
Estee Lauder Co., up $7.60 to $105.92
The beauty products company had a better fourth quarter than analysts expected and it offered strong forecasts for the year.
Exxon Mobil Corp., up 38 cents to $76.64
Stocks in energy companies rose as benchmark U.S. crude oil jumped.
Calpine Corp., up $1.42 to $14.92
The power company said it agreed to be taken private for $15.25 per share, or $5.5 billion.
Exelon Corp., up 39 cents to $37.99
Utilities rose as bond yields fell, making those stocks more appealing to investors seeking income.