Mattel soars while Hasbro and Goodyear tumble
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:
Phillips 66, up $1.78 to $93.52
Higher refining margins helped the oil refiner beat Wall Street forecasts.
Mattel Inc., up $2.87 to $15.23
Strong sales of Barbie dolls pushed the toy maker to a fourth-quarter profit.
Goodyear Tire & Rubber Co., down $1.86 to $18.69
The tire maker fell short of Wall Street forecasts due to lower sales and issued a weak outlook for the tire market.
Hasbro Inc., down 86 cents to $89.39
The toy maker’s fourth-quarter results fell far short of forecasts as it contends with the loss of Toys R Us.
Eli Lilly and Co., up $2.10 to $119.60
The drug developer is divesting its stake in Elanco Animal Health as it focuses on its core pharmaceutical business.
Arconic Inc., down 58 cents to $17.10
The maker of engineered products for the aerospace and other industries will split into two separate companies.
Amazon.com Inc., down $26.15 to $1,588.22
CEO Jeff Bezos says he was the target of “extortion and blackmail” by the publisher of the National Enquirer.
Coty Inc., up $2.27 to $9.33
The beauty products company beat Wall Street forecasts, despite a drop in sales and a loss for the quarter.