McDonald's, Chipotle, AMD are market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
McDonald's Corp., down $4.14 at $88.72
The hamburger chain said its third-quarter net income fell nearly 4 percent as the stronger dollar hurt international results.
Chipotle Mexican Grill Inc., down $42.93 at $243
The restaurant chain said its third-quarter net income rose, but its results still fell short of Wall Street expectations.
Advanced Micro Devices Inc., down 44 cents at $2.18
Because of falling sales and to lower spending, the chipmaker said it will cut nearly 1,800 jobs, or 15 percent of its workforce.
Air Products & Chemicals Inc., down $5.36 at $79.99
The seller of gases and chemicals to industrial customers said its fiscal fourth-quarter net income fell 57 percent.
Parker-Hannifin Corp., down $6.57 at $78.50
The maker of industrial hoses, airplane wheels and other products, said its fiscal first-quarter net income fell 19 percent.
Baker Hughes Inc., down $2.35 at $44.75
Weak activity in North America and a drop in operating rigs pushed the oilfield services company's third-quarter net income down.
SanDisk Corp., up $1.16 at $44.02
The chipmaker reported lower net income and revenue for the third quarter, but the results topped Wall Street's expectations.
Marvell Technology Group Ltd., down $1.26 at $7.57
The computer chip manufacturer lowered its fiscal third-quarter outlook and said its finance chief has resigned.