Peter Tuchman trades on the New York Stock Exchange (NYSE) floor when the Dow Jones Industrial Average crosses 24,000, in New York, USA, November 30, 2017.
Brendan McDermid | Reuters
Check out the headlines companies Friday:
Campbell Soup – Shares of Campbell Soup rose more than 8% on Friday after the food company reported higher-than-expected earnings. The company earned adjusted SEK 49 per share for the fiscal fourth quarter, and topped Refinitive analysts' expectations of SEK 41
Ulta Beauty – Shares in the beauty company fell 30% after announcing revenue in the second quarter. Ulta reported a $ 2.76 earnings per share, which missed out on a four-penny estimate. The company lowered profits and comparable store sales increased less than expected.
Dell Technologies – Technology Company shares jumped 8% following announcement of better results than expected in Q2. Dell reported adjusted earnings per share of $ 2.15 for revenue of $ 23.45 billion. Analysts had expected $ 1.47 earnings per share on revenue of $ 23.27 billion, according to Refinitive. Dell said it has been able to weather customs rates from the US-China trade war.
Big Lots – Shares rose more than 3% after the retailer had quarterly figures that exceeded analysts' expectations. The company reported a profit of DKK 53 per share on a turnover of $ 1.222 billion. Analysts polled by Refinitive expected a profit of $ 0.40 per share on revenues of $ 1.224 billion.
Mallinckrodt – Mallinckrodt plunged 17% as the company pulled down the remaining $ 95 million in revolving credit "to meet future cash needs that may arise." Mallinckrodt has been investigated for its role in the opioid crisis.
Tesla – Tesla climbed 2.1% after China announced that some of the car manufacturer's products will be exempt from upcoming tariffs on cars and auto parts imported from U, S. Tesla's Model 3, Model S and Model X will not meet the new customs duties, which are scheduled to take effect on December 15.
Ambarella – Shares of semiconductor design company rose 19% after announcement better than expected second quarter results. Ambarella reported adjusted earnings per share of SEK 21 for revenue of $ 56.4 million. Analysts had projected earnings per share of $ 0.10 on revenue of $ 52.0 million.
Workday – Shares of Workday fell 7.1% on Friday after raising revenue guidance in a way that analysts at Wedbush described as "cautious." The software company estimated subscription revenue policies for the entire fiscal year to be between $ 3.06 and $ 3.07 billion, up from a range of $ 3.045 billion to $ 3.06 billion announced in May. Workday beat Wall Street's expectations of fiscal second-quarter revenue, with subscription revenues up 34%.
MSG Networks – MSG Networks jumped more than 13% after increasing its existing buyback program by $ 300 million and announcing an auction offer to buy up to $ 250 million in stock. "We understand that the media landscape is evolving, but are confident in the long-term outlook for our business," said CEO Andrea Greenberg.
– CNBC's Elizabeth Myong and Jesse Pound contributed to this report.