Verizon, Johnson & Johnson sink, Kimberly-Clark gains

NEW YORK (AP) " Stocks that moved substantially or traded heavily Tuesday:

Johnson & Johnson, down $2.15 to $111.76

The giant health care company issued a lower-than-expected 2017 forecast and said it will start shopping its diabetes care businesses.

D.R. Horton Inc., up $1.90 to $30.64

The homebuilder delivered higher earnings as home closings and net home orders increased.

Kimberly-Clark Corp., up $4.81 to $121.79

The maker of Kleenex and other paper products reported earnings that beat analysts' forecasts.

Verizon Communications Inc., down $2.29 to $50.12

The company added fewer new cellphone or tablet customers in the last three months of 2016 than it did in the same period a year earlier.

Lockheed Martin Corp., down $4.57 to $252.91

The defense contractor released a full-year earnings forecast that fell short of what analysts were expecting.

Alibaba Group Holding Ltd., up $3.02 to $101.43

The Chinese e-commerce giant reported earnings and revenue that came in well ahead of analysts' forecasts.

3M Co., down $2.54 to $175.97

The maker of Post-it Notes, industrial coatings and ceramics posted revenue that fell short of estimates.

E.I. du Pont de Nemours & Co., up $3.27 to $76.05

The chemical maker reported earnings that easily beat Wall Street's estimates.

This story has been automatically published from the Associated Press wire which uses US spellings

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter


© Copyright 2017, NZME. Publishing Limited

Assembled by: (static) on production bpcf05 at 24 Mar 2017 07:36:20 Processing Time: 444ms