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Intel, Broadcom rise; Harsco, American Airlines fall

Posted on Friday, January 24th, 2020 By The Associated Press

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:

Intel Corp., up $5.15 to $68.47

The world's largest chipmaker blew past Wall Street's fourth-quarter earnings expectations and gave an upbeat profit forecast.

Atlassian Corp., up $14.15 to $146.79

The software company handily beat analysts' fiscal second-quarter earnings forecasts as subscription revenue surged.

American Express Co., up $3.74 to $135.11

The credit card issuer and global payments company beat Wall Street's fourth-quarter profit forecasts.

First Financial Bankshares Inc., up 42 cents to $34.56

The regional bank's fourth-quarter profit beat analysts' forecasts.

Broadcom Inc., up $4.35 to $324

The chipmaker will supply wireless components to Apple in deals that could generate $15 billion in revenue.

Harsco Corp., down $3.64 to $15.80

The environmental services company warned investors about a weak fourth quarter because of lower demand.

Synovus Financial Corp., down $2.80 to $36.64

The bank's fourth-quarter earnings fell short of Wall Street forecasts.

American Airlines Group Inc., down $1.16 to $27.64

Airlines and other companies in the travel and tourism industries fell as a virus outbreak in China spreads.

Companies Mentioned in This Article

CompanyCurrent PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
First Financial Bankshares (FFIN)$33.01-3.0%1.45%27.28Hold$33.00
American Airlines Group (AAL)$25.40-8.7%1.57%6.67Hold$34.75
American Express (AXP)$129.82-3.8%1.32%16.27Hold$137.04
Harsco (HSC)$14.62-3.2%N/A2.35Buy$26.67
Synovus Financial (SNV)$33.96flat3.53%9.76Buy$42.55

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