Starwood and Columbia Pipeline climb on deals, Adobe rises

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market:


Starwood Hotels & Resorts Worldwide Inc. (HOT), up $4.18 to $80.57

The hotel chain accepted a $14 billion buyout offer from a group led by Anbang Insurance Group of China.

Columbia Pipeline Group Inc. (CPGX), up $1.33 to $24.84

TransCanada Corp. agreed to buy the company for $10 billion, or $25.50 per share, in an attempt to expand further into the U.S.

Tiffany & Co. (TIF), up $2.07 to $72.19

The jewelry retailer had a difficult fourth quarter, but its profit was larger than investors expected.

JPMorgan Chase & Co. (JPM), up $1.73 to $60.48

The bank said it will buy back another $1.88 billion in company stock, and got a boost from rising oil prices.

Textron Inc. (TXT), up $1.20 to $36.17

The weakening dollar could make Textron’s products, including Cessna small planes and Bell helicopters, more affordable overseas.

Bank of America Corp. (BAC), up 39 cents to $13.79

Oil prices made investors more confident that loans to energy companies will be repaid, and the company said it will buy back $800 million in stock.


Adobe Systems Inc. (ADBE), up $3.46 to $93.42

The software developer behind Photoshop, Illustrator and Acrobat reported better-than-expected results for the fiscal first quarter and raised its annual forecasts.

Shoe Carnival Inc. (SCVL), up $1.55 to $27.22

The footwear retailer rose after it reported strong quarterly results.