Estee Lauder and Emerson Electric slide; Deere jumps
NEW YORK (AP) - Stocks that moved substantially or traded heavily Friday:
Estee Lauder Cos., down $3.37 to $91.73
The beauty products maker's profit forecast for the current quarter and the new fiscal year fell far short of estimates.
Emerson Electric Co., down $1.69 to $52.98
The company agreed to buy buying Pentair's valves and controls business for $3.15 billion.
Applied Materials Inc., up $1.96 to $29.64
The manufacturer of chipmaking equipment disclosed new orders and a contract backlog that were much stronger than analysts had forecast.
Foot Locker Inc., up $6.81 to $68.49
The shoe store chain's results were better than analysts expected.
Chevron Corp., down $1.23 to $102.32
Energy companies slipped as a rally in the price of oil lost steam.
Deere & Co., up $10.38 to $87.32
The farm equipment maker posted strong results and raised its outlook for the year.
Ross Stores Inc., up $2.18 to $65.06
The discount retailer raised its profit projections after its second-quarter results came in ahead of Wall Street estimates.
Madison Square Garden Co., down $3.93 to $184.19
The sports team and entertainment company reported a bigger loss and less revenue than analysts had forecast.