Broadcom, Marathon Oil rise; Wells Fargo, Zillow fall

NEW YORK — Stocks that moved substantially or traded heavily Friday:

Broadcom Inc., up $7.51 to $246.94

The technology company announced a $12 billion stock buyback program.

Marathon Oil Corp., up 53 cents to $18.16

Energy companies benefited from an increase in oil prices.

PNC Financial Services Inc., down $6.28 to $145.46

The regional bank reported results that fell shy of analysts' forecasts.

Wells Fargo & Co., down $1.81 to $50.89

The bank said its results may have to be revised following an offer by regulators to settle investigations at a cost of $1 billion.

Qualcomm Inc., up 53 cents to $55.73

The company's former chairman is reportedly trying to line up investors in a bid to take Qualcomm private.

Alaska Air Group Inc., up $3.68 to $63.95

The airline reported a 6.5 percent increase in traffic for March.

Zillow Group Inc., down $3.93 to $49.84

The company said it would expand its Instant Offers program to Phoenix and will buy and sell homes directly.

Coca-Cola Inc., up 48 cents to $44.51

Makers of consumer products did better than the rest of the market.

Other News

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Aug 15, 2016

Donald Trump needs a place to reset the electoral map, and he seems to be looking at the industrial heartland states on the Great Lakes.

Asian stocks drift pending fresh news; oil takes a breather

Aug 16, 2016

Asian stock markets drifted sideways on Tuesday as the price of oil took a breather from a three-day rally

Hawaii sushi chain tied to hepatitis A outbreak tosses food

Aug 17, 2016

A popular restaurant chain in Hawaii that serves sushi on a conveyor belt threw out food and scrubbed its counters Tuesday after state authorities identified its raw scallops as the probable source of a hepatitis A outbreak

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