NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Freeport-McMoRan Inc, down $1.17 to $10.88
The copper producer said it may sell another $1 billion of its own shares after completing a similar-sized stock sale.
La Quinta Holdings Inc., down $2.92 to $16.05
The hotel operator’s CEO resigned, and the company cut its outlook because of weak demand in August and September.
Johnson Controls Inc., down 95 cents to $40.50
The auto parts company plans to cut 3,000 employees from its global workforce over the next two years as part of a cost-reduction push.
The Boeing Co., down $1.36 to $136.09
The aircraft maker ended an agreement with a key supplier and will build major parts of its 747-8 jumbo jetliner in house.
Bank of America Corp., down 30 cents to $15.56
The bank’s stock extended its slump following comments that it expects a decline in trading revenue during the third quarter.
Adobe Systems Inc., up 94 cents to $81.25
The software maker reported positive fiscal third-quarter results, but gave a disappointing fourth-quarter outlook.
Qualcomm Inc., down 53 cents to $54.45
The smartphone chipmaker is cutting more than 1,300 full-time jobs as it moves ahead with its plan to trim its workforce.
Comcast Corp., down $1.04 to $57.42
The cable operator will pay $33 million as part of a settlement in a customer-privacy breach case with California authorities.