Delta and Celgene are big market movers
Jul 15, 2015, 2:30 PM
NEW YORK, (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Bank of America Corp. (BAC), up 55 cents to $17.68
A big second quarter for the bank was topped off by optimistic comments about the economy from Fed Chair Janet Yellen.
Delta Air Lines Inc. (DAL), up 33 cents to $43.99
Hints that air fares may be slipping overshadowed a strong quarter of profits thanks to very cheap jet fuel for the airline.
Mead Johnson Nutrition Co. (MJN), down $1.62 to $86.51
Wall Street analysts are lowering their expectations after the infant formula maker revealed a slowdown in developing countries.
CSX Corp. (CSX), up 33 cents to $32.40
The railroad said it expects flat earnings in the next quarter, which is a good thing given the trend of falling demand for coal.
Exxon Mobil Corp. (XOM), down 35 cents to $82.76
Few winners in the energy space with crude oil prices down for the day, for the week, for the quarter and for the year.
Nasdaq
Celgene Corp. (CELG), up $8.54 to $131.39
The pharmaceutical bought Receptos and its drug that could one day be used to treat multiple sclerosis and ulcerative colitis.
Panera Bread Co. (PNRA), up 59 cents to $181.09
Citing positive trends in revenue and profit, Piper Jaffray gave the restaurant operator a two-tick upgrade.
eBay Inc. (EBAY), down 15 cents to $63.44
Shares of the online retailer are near all-time highs just days before its PayPal unit is split off as an independent company.
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