Nordstrom and Gilead are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Nordstrom Inc., down $3.58 to $65.11
The luxury department store operator reported quarterly sales at established stores, a key sales measure, below Wall Street expectations.
Dillard's Inc., down $9.49 to $106.11
The department store operator reported a slight boost in quarterly profit, but the results fell short of Wall Street expectations.
Agilent Technologies Inc., up $1.96 to $57.58
The scientific instrument maker reported an increase in third-quarter profit and revenue, beating Wall Street expectations.
Monster Beverage Corp., up $21.84 to $93.49
Coca-Cola is paying $2.15 billion to buy a 16.7 percent stake in the energy drink company and put two directors on its board.
Achillion Pharmaceuticals, up 81 cents to $9.25
The drug developer reported positive results from a 12-person, midstage study of its experimental hepatitis C treatment ACH-3102.
Applied Materials Inc., up $1.33 to $22.48
The computer chip equipment maker reported better-than-expected third-quarter profit and forecast a positive revenue outlook.
Gilead Sciences Inc., up $3.13 to $99.49
The drug developer said an arbitration panel rejected a patent infringement claim by a rival related to a hepatitis C drug.
Autodesk Inc., up $3.62 to $52.66
The design software and services company reported better-than-expected quarterly profit and raised its fiscal guidance.