No, Deere: Deere tumbled 5.4 percent to $117.31 Friday after its sales in the fiscal third quarter came in lower than investors hoped. The company’s profit received a large boost after the company sold some of its stake in SiteOne Landscape Supply, and analysts said they were disappointed with the company’s equipment sales.
Soft sales: Network equipment maker Cisco Systems sank 4 percent to $31.01 Thursday after issuing a disappointing sales forecast that reflected a slowdown in federal government spending on high-end computing gear. Shares closed Friday at $30.37.
Urban renewal: Clothing and accessories retailer Urban Outfitters’ stock rose 23.4 percent to $20.76 Wednesday after analysts said there are some signs the company’s business is recovering after years of struggles. Shares closed the week at $19.27.
Rival angst: Data storage company NetApp’s shares dropped 6.2 percent to $39.80 as investors sounded caution over its ability to keep pace with new competitors. NetApp shares closed the week at $39.35.
Parked: Auto parts retailer Advance Auto Parts tumbled 20 percent to $87.77 Tuesday after it slashed its annual forecasts. The industry is facing weakening demand as car sales slow. Advance Auto shares closed Friday at $93.26.
Coach goes cold: Coach dropped 12 percent to $42.02 Tuesday after its fourth-quarter sales and its profit forecast for the current fiscal year came up short of analyst estimates. A pullback from promotional pricing contributed to soft sales numbers. Coach shares closed the week at $40.38.