Costco Wholesale and Hess rise; Oracle and CSX tumble



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

Oracle Corp., down $1.89 to $48.30

Analysts were disappointed with results from the software maker's cloud business and its forecasts.

Adobe Systems Inc., up $2.51 to $177.51

The software company surpassed Wall Street's forecasts in its latest quarter.

Costco Wholesale Corp., up $6.20 to $192.73

The wholesale club company had a better quarter than analysts expected.

CSX Corp., down $4.38 to $52.93

The railroad operator said CEO Hunter Harrison is on leave because of health problems.

Hess Corp., up 98 cents to $43.40

Reuters said activist investment firm Elliott Management plans to push for changes at the oil and gas company.

Discovery Communications Inc., up $1 to $21.04

Company director John Malone disclosed that he had bought more stock in the cable channel operator.

Snyder's-Lance Inc., up $2.37 to $46.79

CNBC reported that the snack food company has had talks with Campbell Soup and another company about a possible sale.

Jabil Circuit Inc., up 42 cents to $27.87

The electronics manufacturer posted a bigger profit and better revenue than analysts had anticipated.

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The Associated Press

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