Nordstrom, Southwestern Energy skid; Applied Materials jumps
NEW YORK (AP) - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Nordstrom Inc., down $3.55 to $49.17
The department store chain said its sales were weaker than it expected and its profits were eroded by big discounts.
Deere & Co., down $3.33 to $77
The company lowered its sales forecast for the year as demand for farm and construction equipment remained weak.
Boston Beer Co., down $3.41 to $181.02
Quarterly sales at the maker of Samuel Adams beer disappointed investors.
V.F. Corp., down $2.70 to $58.55
Profit and sales at the company behind brands such as Vans and Timberland fell far short of expectations.
WageWorks Inc., up $1.87 to $43.93
The provider of health, commuter and other employee benefits reported stronger-than-expected results.
Southwestern Energy Co., down $1.40 to $7.09
The oil and gas company tumbled as energy prices retreated after a recent rally.
Nasdaq
Applied Materials Inc., up $1.21 to $18.38
The chipmaking equipment company reported stronger-than-expected profit and sales.
Yahoo Inc., up 62 cents to $30.04
The Internet company created a committee of independent directors and hired advisers as part of an effort to redefine itself.