CarMax and Baker Hughes rise while Sealed Air, Korn fall


Save Story

Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

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

CarMax Inc., up $2.64 to $85.64

The used car retailer blew past Wall Street's fiscal first quarter profit and revenue forecasts after increasing deliveries.

LSC Communications Inc., down $1.10 to $4.73

The Department of Justice is suing to block Quad/Graphics buyout of the printing company.

Sprouts Farmers Market Inc., down 65 cents to $18.88

The grocery chain named Jack L. Sinclair as its new CEO and said its chief financial officer resigned.

Sealed Air Corp., down $1.97 to $41.70

The maker of bubble wrap said it terminated its chief financial officer "for cause" as regulators investigate its audit firm selection.

Minerals Technologies Inc., down $5.62 to $53.59

The specialty minerals producer cut its second quarter profit forecast as flooding hurts its supply chain and demand weakens in China and Europe.

Korn Ferry, down $8.47 to $40.05

The staffing company's fourth quarter revenue fell short of Wall Street forecasts and it gave investors a weak profit forecast.

Baker Hughes, up 81 cents to $25.17

Shares of the oilfield services company gained ground as oil prices continued to rising.

Alexandria Real Estate Equities Inc., down $4.65 to $145.28

The real estate investment trust priced a public offering of common stock at a discount to its previous closing price.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press
    KSL.com Beyond Business
    KSL.com Beyond Series

    KSL Weather Forecast

    KSL Weather Forecast
    Play button