Lululemon, VMWare rise while Big Lots, Duke Energy fall

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

Lululemon Athletica Inc., up $17.14 to $122.19

The high-end yoga apparel maker reported earnings and sales that came in well ahead of analysts' estimates.

VMware Inc., up $8.45 to $145.93

The cloud computing company's quarterly results easily beat analysts' forecasts.

Big Lots Inc., down $2.22 to $38.69

The discount retailer issued a weak forecast and reported earnings that fell well below what investors were looking for.

Bank of America Corp., up 36 cents to $29.40

Banks rose as bond yields headed higher, which allows banks to charge higher interest rates on loans.

Caleres Inc., down 86 cents to $34.60

The footwear wholesaler and retailer posted earnings and sales that fell short of Wall Street's forecasts.

Marvell Technology Group Ltd., up 63 cents to $22.17

The chipmaker reported earnings and revenue that beat estimates.

Duke Energy Corp., down $1.08 to $76.08

Utilities were among the few losers on the market as bond yields rose, which makes high-dividend stocks less appealing to income investors.

Alphabet Inc., up $35 to $1,135

Technology stocks, which have led the market higher this year, rose more than other sectors.

Other News

Great Lakes no help for a struggling Trump on road to 270

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.

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

Conventional tax proposals in an unconventional US campaign

Aug 17, 2016

In this unconventional campaign season, Donald Trump and Hillary Clinton have produced two conventional tax plans that mostly track their parties' long-standing views

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.

Contact us: