Herbalife and Ironwood advance; Infosys and Fairmount drop
NEW YORK (AP) - Stocks that moved substantially or traded heavily on Friday:
Herbalife Ltd. (HLF), up $5.90 to $65.26
The supplement retailer agreed to pay $200 million to end a government investigation, and avoided charges that it operated as a pyramid scheme.
Wells Fargo & Co. (WFC), down $1.23 to $47.71
The bank's earnings fell because low interest rates continue to hurt its business, a situation that's not likely to change soon.
Infosys Ltd. (INFY), down $1.63 to $16.81
The business consulting services company's profit and sales fell short of analyst projections.
Citigroup Inc. (C), down 12 cents to $44.33
The company's results were stronger than expected, but results from its consumer banking business were hurt by extremely low interest rates.
Carnival Corp. (CCL), down $1.00 to $45.32
Travel-related stocks traded lower after more than 80 people were killed in a terrorist attack in the French city of Nice.
Synergy Pharmaceuticals Inc. (SGYP), down 22 cents to $3.61
The drug developer said patients are joining a clinical trial at a slower pace than it expected.
Ironwood Pharmaceuticals Inc. (IRWD), up $1.06 to $13.61
The Food and Drug Administration began reviewing a new marketing application for the company's constipation drug Linzess.
Fairmount Santrol Holdings Inc. (FMSA), down $1.29 to $6.83
The supplier of sand used in oil and gas drilling gave a forecast for the second quarter that was far weaker than expected.