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

Posted on Friday, January 17th, 2020 By The Associated Press

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.

Companies Mentioned in This Article

CompanyCurrent PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Comcast (CMCSA)$41.05-2.8%2.05%14.51Buy$52.08
GAP (GPS)$14.19-3.5%6.84%6.66Hold$17.27
Tailored Brands (TLRD)$3.31+1.5%N/A-3.85Hold$5.00
Progress Software (PRGS)$37.51-4.9%1.76%64.67Buy$53.00
First Horizon National (FHN)$13.93-5.8%4.02%10.09Buy$18.64
Schlumberger (SLB)$26.84-5.4%7.45%-3.66Buy$42.71
State Street (STT)$69.38-1.1%3.00%12.07Buy$83.36

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