HP, Hibbett rise; Foot Locker, Autodesk fall

HP, Hibbett rise; Foot Locker, Autodesk fall

byAssociated Press24 May 2019 16:24-04:00

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

Autodesk Inc., down $8.32 to $161.22

The design software company’s first quarter profit and revenue fell short of Wall Street forecasts.

Foot Locker Inc., down $8.43 to $44.40

The shoe store’s first quarter financial results fell short of analysts’ forecast and it trimmed its profit forecast for the year.

Total System Services Inc., up $13.83 to $113.45

The credit card transaction company is in preliminary talks for a deal with Global Payments, according to media reports.

Deckers Outdoor Corp., up $6.05 to $153.46

The maker of Ugg footwear blew away Wall Street’s fiscal fourth quarter profit forecasts.

HP Inc., up 84 cents to $20.03

The computer and printer maker’s first quarter profit and revenue beat analysts’ forecasts.

Hibbett Sports Inc., up $4.14 to $23.96

The sporting goods store’s first quarter profit trounced Wall Street forecasts and it raised its profit outlook for the year.

Intuit Inc., up $16.17 to $257.48

The maker of TurboTax and accounting software beat Wall Street’s fiscal third quarter forecasts and gave a solid outlook for the year.

Boeing Co., up $4.35 to $354.90

The Federal Aviation Administration could approve the airplane maker’s 737 MAX’s return to service as soon as late June, according to media reports.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

You are encouraged to leave relevant comments but engaging in personal attacks, threats, online bullying or commercial spam will not be allowed. All comments should remain within the bounds of fair play and civility. (You can disagree with others courteously, without being disagreeable.) Feel free to express yourself but keep an open mind toward finding value in what others say. To report abuse or spam, click the X in the upper right corner of the comment box.