Wells Fargo and AT&T slide while Walmart and Terex climb

FAN Editor

Stocks that moved substantially or traded heavily on Friday:

Wells Fargo & Co., down 67 cents to $55.36

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The bank’s profit disappointed investors as a scandal over fraudulent accounts continued to affect its business.

Citigroup Inc., down $1.51 to $67

The bank’s revenue growth was relatively weak even though the U.S. economy continues to grow.

AT&T Inc., down 56 cents to $31.67

The Department of Justice said it will appeal a ruling that allowed AT&T to buy Time Warner.

Northrop Grumman Corp., down 40 cents to $321.73

The defense contractor said chairman and CEO Wes Bush is stepping down.

Johnson & Johnson, down $1.83 to $125.93

A jury awarded $4.7 billion to women who said asbestos in Johnson & Johnson’s talcum powder contributed to their ovarian cancer.

Terex Corp., up $1.43 to $45.15

The machinery maker said it will buy back $300 million in stock.

Ingredion Inc., down $11.31 to $99.46

The food sweetener, starch and nutritional ingredient company lowered its profit forecast and said it will cut more costs.

Walmart Inc., up $1.18 to $87.70

Companies that make and sell household goods fared better than the rest of the market Friday.

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