Comment on PayPal, Deere rise; Campbell Soup, Applied Materials fall

PayPal, Deere rise; Campbell Soup, Applied Materials fall

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Campbell Soup Co., down $4.85 to $34.37 The company cut its profit forecast and said CEO Denise Morrison would retire immediately. Nordstrom Inc., down $5.55 to $45.36 The upscale department store chain reported that sales at its established stores, a key metric for retailers, showed meager gains. PayPal Holdings Inc., up $1.60 to $80.79 PayPal is buying Stockholm-based payment processing startup iZettle for $2.2 billion to expand into Europe and Latin America. CBS Corp., up 14 cents to $51.75 The board of CBS approved a measure that would the dilute voting power of its controlling shareholder. United Continental Holdings Inc., down $1.07 to $68.42 The airline said its chief financial officer, Andrew Levy, was leaving. Applied Materials Inc., down $4.45 to $49.51 The maker of chipmaking equipment forecast revenue for the current quarter that was below Wall Street's estimates. Deere & Co., up $8.44 to $155.25 The company forecast 35 percent growth in equipment sales for its third quarter. Mattel Inc., down 14 cents to $15.14 The Wall Street Journal reported that the toy maker rebuffed an approach from MGA Entertainment, the maker of Bratz dolls. Read more on NewsOK.com

 

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