Comcast, State Street rise; Gap, J.B. Hunt fall

Business

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

Schlumberger Ltd., down 41 cents at $38.37.

The world’s largest oilfield services company reported surprisingly good profits and revenue for the fourth quarter.

First Horizon National Corp., up 71 cents at $17.27.

The bank holding company’s fourth-quarter profit and revenue beat Wall Street forecasts.

Progress Software Corp., up $1.52 at $49.07.

The business software maker’s fourth-quarter profits and revenue beat Wall Street forecasts.

The Gap Inc., down 8 cents at $18.53.

The clothing and apparel retailer cancelled plans to spin off its Old Navy brand into a separate company.

Tailored Brands Inc., up 18 cents at $4.47.

The owner of Men’s Wearhouse is selling its Joseph Abboud trademarks to WHP Global for $115 million.

J.B. Hunt Transport Services, down $5.08 at $114.68.

The trucking and logistics company’s fourth-quarter profit fell short of Wall Street forecasts.

Comcast Corp., up 63 cents at $47.50.

NBCUniversal is launching a new streaming service that will have a large part available for free.

State Street Corp., up $1.42 at $82.56.

The holding company for State Street Bank handily beat Wall Street’s fourth-quarter profit forecasts.

Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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