Wells Fargo and AT&T slide while Walmart and Terex climb
Stocks that moved substantially or traded heavily on Friday:
Wells Fargo & Co., down 67 cents to $55.36
The bank's profit disappointed investors as a scandal over fraudulent accounts continued to affect its business.
Citigroup Inc., down $1.51 to $67
The bank's revenue growth was relatively weak even though the U.S. economy continues to grow.
AT&T Inc., down 56 cents to $31.67
The Department of Justice said it will appeal a ruling that allowed AT&T to buy Time Warner.
Northrop Grumman Corp., down 40 cents to $321.73
The defense contractor said chairman and CEO Wes Bush is stepping down.
Johnson & Johnson, down $1.83 to $125.93
A jury awarded $4.7 billion to women who said asbestos in Johnson & Johnson's talcum powder contributed to their ovarian cancer.
Terex Corp., up $1.43 to $45.15
The machinery maker said it will buy back $300 million in stock.
Ingredion Inc., down $11.31 to $99.46
The food sweetener, starch and nutritional ingredient company lowered its profit forecast and said it will cut more costs.
Walmart Inc., up $1.18 to $87.70
Companies that make and sell household goods fared better than the rest of the market Friday.