Caterpillar and Dollar Tree sink while H&R Block rallies


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

Dollar Tree Inc., down $15.11 to $89.25

The discount retailer had a weak fourth quarter and its forecasts for 2018 disappointed investors.

Caterpillar Inc., down $2.24 to $151.51

Industrial companies slumped as investors felt the departure of Trump adviser Gary Cohn suggests more protectionist trade policies are coming.

H&R Block Inc., up $2.96 to $28.73

The tax preparer did better in the third quarter than analysts had anticipated.

International Paper Co., down $2.70 to $55

The paper and packaging company offered to buy European competitor Smurfit Kappa Group.

AutoDesk Inc., up $17.83 to $137.70

The design software maker topped expectations in its latest quarter.

Abercrombie & Fitch Co., up $2.54 to $23.89

The teen clothing retailer said its Hollister brand had a strong quarter, and it topped Wall Street expectations.

Brown-Forman Corp., down $3.15 to $52.89

The maker of Jack Daniel's and other alcohol brands forecast a smaller-than-expected profit in 2018.

Exxon Mobil Corp., down $1.92 to $74.26

Energy companies sank along with oil prices after the government said U.S. oil production increased last week.

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