Southwestern Energy and Verizon trade higher as market rises

AP News
Posted: Jan 21, 2016 4:30 PM

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


Southwestern Energy Co., up $1.42 to $8.80

The natural gas company said it will eliminate 1,100 jobs and got an assist from rising natural gas prices.

Verizon Communications Inc., up $1.45 to $45.87

The largest U.S. cellphone carrier reported better-than-expected results in the fourth quarter as it turned a profit and held onto more customers.

Southwest Airlines Co., up 20 cents to $39.50

The airline reported a record profit, almost triple its net income from a year ago, as fuel costs fell by almost a third.

Union Pacific Corp., down $2.61 to $71

The railroad operator's results fell far short of Wall Street's estimates as the shaky energy and commodity markets and strong U.S. dollar took their toll.


SLM Corp., up 61 cents to $6.02

The student loan company known as Sallie Mae reported a larger-than-expected profit in the fourth quarter.

Xilinx Inc., up $3.70 to $46.78

The computer chipmaker rose after a regulatory filing had analysts wondering if the company is considering selling itself.

FireEye Inc., down 8 cents to $14.79

The cybersecurity firm forecast strong growth in orders and is acquiring iSight Partners, which provides information on cybersecurity threats for businesses.

J.B. Hunt Transportation Services Inc., up $1.27 to $66.99

The trucking and logistics company's fourth-quarter profit was larger than analysts expected.