Walmart and Agilent rise; Tapestry and General Electric fall
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday:
Walmart Inc., up $6.49 to $112.69
The world’s largest retailer raised its profit forecast for the year as grocery deliveries pushed online sales growth.
Agilent Technologies Inc., up $4 to $69.59
The scientific instrument maker raised its full-year revenue forecast after reporting solid fiscal third quarter financial results.
VMware Inc., down $10.74 to $142.35
The software company controlled by Dell is in talks to buy cloud-based Pivotal Software.
Cisco Systems Inc., down $4.36 to $46.25
The seller of routers, switches, software and services issued a weak fiscal first quarter profit forecast.
General Electric Co., down $1.02 to $8.01
The whistleblower who warned regulators about Bernie Madoff’s Ponzi scheme says the industrial conglomerate is hiding its financial problems.
Tapestry Inc., down $5.55 to $19.45
The company behind Coach and Kate Spade gave investors a weak financial forecast for the year.
Vipshop Holdings Ltd., up 94 cents to $7.20
The Chinese online discount retailer blew past Wall Street’s second quarter profit and revenue forecasts.
Alibaba Group Holding Ltd., up $4.91 to $166.97
The online retailer’s fiscal first quarter financial results beat Wall Street forecasts on a sharp revenue boost.