Steep decline: Abercrombie & Fitch shares slumped 14 percent to $14.60 Friday after the troubled retailer posted a steeper-than-expected decline in same-store sales and issued a bleak holiday outlook.
Oh oh, Cisco: Cisco Systems fell 5.2 percent to $29.92 Thursday after its earnings forecast disappointed Wall Street. The seller of routers, switches, software and services forecast a smaller-than-expected profit for its second fiscal quarter. The stock finished the week at $30.15.
Bank bonanza: Bank of America rode the postelection wave of surging bank stocks Monday that sent its shares up 5 percent to $19.99. Investors are anticipating higher interest rates and bigger profits for banks from lending money. Bank of America shares closed the week at $20.
Sound proposal: Harman International shares surged 25 percent, to $110 Monday after South Korean conglomerate Samsung said it will buy the maker of products for connected cars for $112 a share. Harman shares closed Friday at $109.35.
Mall in the family: Equity One shares rose 7 percent to $29.80 Tuesday after it was announced that it will combine with Regency Center in a deal that melds two real estate investment trusts that own shopping centers. Equity One shares closed Friday at $29.46.
Lowe’s lower: Home improvement retailer Lowe’s fell 2.5 percent, to $67.35 Wednesday after the company reported traffic in stores was low during the third quarter. Its shares closed the week at $69.31.