Johnson Johnson Adobe and Starbucks dip Sealed Air rises

first_imgNEW YORK — Stocks that moved substantially or traded heavily on Friday:Adobe Inc., down $18.08 to $230The software company gave a disappointing profit forecast for the current fiscal year.Alaska Air Group Inc., up 96 cents to $62.30The airline said it flew more passengers and revenue improved in November.Sealed Air Corp., up $1.54 to $33.94The industrial gas company announced a new restructuring program, including job cuts, aiming to save about $200 million a year.Starbucks Corp., down $1.57 to $65.34The coffee company’s forecasts fell short of Wall Street expectations.Costco Wholesale Corp., down $19.45 to $207.06The warehouse club operator’s membership revenue and sales were weaker than analysts expected.Johnson & Johnson, down $14.84 to $133Reuters reported that the health care giant knew for decades that its baby powder was sometimes contaminated with asbestos.Nucor Inc., up 69 cents to $56.39The steelmaker gave a strong profit forecast for the fourth quarter.Schlumberger Ltd., down $1.92 to $39.10Energy company stocks and oil prices fell after reports showed China’s retail sales and industrial output slowed in November.The Associated Presslast_img

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