Hertz and Google are big market movers

AP News
|
Posted: Jul 17, 2015 4:25 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Hertz Global Holdings Inc. (HTZ), up $2.02 to $19.01

The rental-car company restated more than two years of financial results and announced plans to cut costs and buy back stock.

SolarWinds Inc. (SWI), down $11.51 to $35.54

The management software developer reported mixed financial results, with profit topping forecasts, but revenue falling short.

Honeywell International Inc. (HON), up $1.97 to $105.54

The industrial conglomerate reported better-than-expected second-quarter profit and gave a positive fiscal outlook for 2015.

Kansas City Southern (KSU), up $6.05 to $98.60

The railroad company reported better-than-expected second-quarter profit, but its revenue missed Wall Street forecasts.

Nasdaq

Google Inc. (GOOG), up $93.08 to $672.93

The technology company reported better-than-expected second-quarter profit, ending six straight quarters of missed expectations.

Mattel Inc. (MAT), down 84 cents to $24.31

The toy company swung to a second-quarter loss on weak Barbie sales, but the earnings results topped Wall Street expectations.

Ericsson (ERIC), up 25 cents to $10.80

The Swedish wireless equipment maker reported better-than-expected profit and sales as its North America business stabilized.

Advanced Micro Devices Inc. (AMD), down 8 cents to $1.79

The chipmaker reported worse-than-expected second-quarter profit and revenue and provided a disappointing fiscal outlook.