Carnival, Actuant retreat while Conagra, Presido advance
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday.
Carnival Corp., down $4.11 to $43.95
The cruise line operator cut its profit forecast for the year because of higher fuel costs.
Conagra Brands Inc., up $1.10 to $31
The packaged food maker reported a surprisingly strong first-quarter profit driven by frozen food sales and Pinnacle Foods products.
Presidio Inc., up 92 cents to $16.80
The information technology company received an increased buyout offer from a group of funds led by BC Partners.
Actuant Corp., down $2.91 to $21.83
The industrial products company issued a disappointing fiscal 2020 sales forecast.
H.B. Fuller Co., down 82 cents to $46.70
The adhesives company reported disappointing fiscal third-quarter financial results, cut its forecast and said it is restructuring.
Facebook Inc., down $2.69 to $180.11
The Department of Justice is considering opening an antitrust investigation into the social media company, according to media reports.
General Motors Co., up 50 cents to $37.61
Contract talks between the auto maker and striking United Auto Workers took a step closer to reaching an agreement when committees finished their work and sent it to top bargainers.
ConocoPhillips, down $1.80 to $57.68
The energy company and its peers slipped as crude oil and natural gas prices fell.