Block bounces upward: Tax preparer H&R Block’s shares rose 12 percent to $24.23 Friday after it said it would boost its dividend by 10 percent, a move made possible by the sale of its banking unit.
Hard times for hardware: Home furnishings retailer Restoration Hardware’s shares fell 21 percent to $28.46 Thursday after it cut its forecast for the year following weak quarterly results hurt by weaker sales of luxury goods. Its stock closed the week at $26.56.
Pay up: VeriFone Systems, which makes terminals used for electronic payments, slumped 29 percent to $19.98 Wednesday after slashing its annual forecast following disappointing quarterly results. The company said it will eliminate jobs and review some of its struggling businesses. The stock closed Friday at $19.66.
Air lift: Boeing shares rose 3.5 percent to $131.90 Monday after a report that Iranair is discussing purchasing more than 100 jets from the company. The historic deal still faces obstacles, Reuters noted. Boeing shares closed at $131.14 Friday.
Tasty: Organic and specialty foods distributor United Natural Foods’ stock jumped 16 percent to $44.90 after the company posted a larger-than-expected profit in its fiscal third quarter, and raised its projections for the year. Its stock closed the week at $42.35.
Zillow settles: Zillow Group shares gained 6 percent to $32.03 Tuesday after it said it agreed to pay $130 million to settle a lawsuit over trade secrets brought by Move. Inc., the National Association of Realtors and others. The stock closed Friday at $32.22.