Intel and AbbVie jump while Starbucks and Colgate skid
Stocks that moved substantially or traded heavily on Friday:
Intel Corp., up $4.78 to $50.08
The chipmaker had a better fourth quarter than analysts expected and gave a strong sales forecast for 2018.
Starbucks Corp., down $2.56 to $57.99
The coffee chain reported weak revenue growth in the fourth quarter along with disappointing sales of holiday merchandise.
AbbVie Inc., up $14.91 to $123.21
The biotech drugmaker had a strong fourth quarter and raised its annual profit forecast.
Colgate-Palmolive Co., down $3.75 to $73.56
The consumer products company posted disappointing sales and said growth may be hard to come by this year.
VMware Inc., up $12.37 to $150
The Wall Street Journal reported that Dell is interested in buying the rest of the cloud computing company.
Honeywell International Inc., up $3.15 to $164.99
The industrial conglomerate reported a larger profit and greater sales than analysts anticipated.
Dominion Energy Inc., down $1.19 to $75.50
Virginia Gov. Ralph Northam said he wants the utility company to give bigger refunds to customers.
Pfizer Inc., up $1.78 to $39.01
The drugmaker's stock rose on reports it is getting closer to a deal to sell its consumer health care business.