Visa, L3Harris rise; Intel, Eastman Chemical fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:
Visa Inc., up $6.73 to $231.44.
Payment processing giant Visa reported strong fiscal first-quarter earnings and announced a change in leadership.
Intel Corp., down $1.93 to $28.16.
The chipmaker’s earnings and revenue forecasts fell below Wall Street expectations.
KLA Corp., down $29.39 to $399.37.
The maker of equipment for manufacturing semiconductors gave investors a weak profit forecast.
L3Harris Technologies Inc., up $15.56 to $212.10.
The technology and communications company reported strong fourth-quarter financial results.
Eastman Chemical Co., down $4.93 to $86.82.
The specialty chemical maker’s fourth-quarter profit and revenue fell short of analysts’ forecasts.
Hasbro Inc., down $5.17 to $58.61.
The maker of Play-Doh, My Little Pony and other toys is cutting about 1,000 jobs and warned investors about a weak fourth quarter.
Robert Half International Inc., up $4.39 to $85.20.
The staffing firm’s fourth-quarter profit beat analysts’ forecasts.
Knight-Swift Transportation Holdings Inc., up $1.38 to $59.12.
The trucking company gave investors a solid profit forecast.