Stocks that are trading heavily or have substantial price changes on Thursday: FedEx, Greenbrier rise; Cisco Systems, KB Home fall
NEW YORK — Stocks that are trading heavily or have substantial price changes on Thursday:
FedEx Corp. (FDX), up $9.93 to $260.46.
The package delivery company reported strong fiscal first-quarter earnings.
FactSet Research Systems Inc. (FDS), down 76 cents to $423.01.
The financial data provider gave investors a disappointing profit forecast.
MGM Resorts International (MGM), down 92 cents to $37.85.
The company said IT systems at its casino and hotel properties have been restored across the U.S. following a cyberattack.
Cisco Systems Inc. (CSCO), down $2.34 to $53.16.
The seller of routers, switches, software and services is buying Splunk for about $28 billion.
Greenbrier Companies Inc. (GBX), up $2.04 to $41.35.
The maker of railroad freight car equipment said it received orders for 15,300 new railcars worth about $1.9 billion.
KB Home (KBH), down $1.82 to $46.24.
The homebuilder took in fewer orders during its most recent quarter than Wall Street forecast.
Fox Corp. (FOXA), up 91 cents to $32.06.
Rupert Murdoch is stepping down as leader of both Fox news' parent company and News Corp.
Newmont Corp. (NEM), down 64 cents to $40.31.
The gold miner slipped along with prices for the precious metal.
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