PepsiCo, Nokia rise; Boeing, Conagra fall
Jul 13, 2021, 1:16 PM | Updated: 3:44 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:
PepsiCo Inc., up $3.45 to $152.96.
The food and beverage company beat Wall Street’s second-quarter profit and revenue forecasts.
Boeing Co., down $10.09 to $228.20.
The airplane maker will cut production of its 787 aircraft after a structural flaw was discovered in some undelivered planes.
Nokia Corp., up 51 cents to $5.88.
The technology company expects to raise its financial forecasts for the year.
Fortive Corp., up 13 cents to $70.58.
The industrial conglomerate is buying ServiceChannel for $1.2 billion.
Monmouth Real Estate Investment Corp., up 16 cents to $19.16.
The real estate investment trust reportedly received a buyout offer from Starwood.
Conagra Brands Inc., down $1.95 to $33.98.
The owner of Chef Boyardee’s and other packaged food brands gave investors a weak financial forecast, citing inflation pressure.
Fastenal Co., down 86 cents to $53.16.
The maker of industrial and construction fasteners expects more pressure from inflation on product and transportation costs.
Simulations Plus Inc., down $9.37 to $44.03.
The maker of software used in pharmaceutical research reported disappointing fiscal third-quarter revenue and a weak sales forecast.
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