Alphabet, Brinker International rise; PayPal, Gilead fall

Feb 2, 2022, 2:20 PM | Updated: 2:36 pm

Stocks that traded heavily or had substantial price changes Wednesday:

Alphabet Inc., up $207.12 to $2,960.

Google’s parent company beat Wall Street’s fourth-quarter financial forecasts and announced a 20-for-1 stock split.

PayPal Holdings Inc., down $43.23 to $132.57.

The technology platform and digital payments company gave investors a weak profit forecast.

Advanced Micro Devices Inc., up $5.98 to $122.76.

The chipmaker reported surprisingly strong fourth-quarter financial results and gave investors an encouraging sales forecast.

Gilead Sciences Inc., down $2.65 to $65.82.

The drug developer’s fourth-quarter profit and earnings forecast fell short of analysts’ expectations.

Allegheny Technologies Inc., up $3.21 to $22.02.

The maker of steel and specialty metals reported strong fourth-quarter financial results.

Brinker International Inc., up $2.90 to $37.63.

The owner of Chili’s Grill & Bar and Maggiano’s Little Italy restaurant chains beat Wall Street’s fiscal second-quarter earnings forecasts.

C.H. Robinson Worldwide Inc., down $12.03 to $92.54.

The trucking company’s fourth-quarter profit fell short of Wall Street forecasts.

Emerson Electric Co., up $5.08 to $97.56.

The maker of control systems, valves and analytical instruments reported strong fiscal first-quarter earnings.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - Hiring sign is displayed outside of a retail store in Vernon Hills, Ill., Saturday, Nov. 13,...
Associated Press

Applications for jobless benefits declined last week

WASHINGTON (AP) — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve’s aggressive interest rate hikes. Applications for jobless aid fell to 225,000 for the week ending Nov. 26, a decline of 16,000 from the […]
8 hours ago
FILE - Signs advertise deals and low prices at a Walmart in Secaucus, N.J., Tuesday, Nov. 22, 2022....
Associated Press

An inflation gauge tracked by the Fed slows to still-high 6%

WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed’s intent to keep raising interest rates to cool the economy and slow the acceleration of prices. Thursday’s report from the Commerce Department showed that prices rose 6% […]
8 hours ago
FILE - In this Sept. 26, 2015 file photo, Juventus President Andrea Agnelli arrives for a Serie A s...
Associated Press

Indictments requested for Agnelli and others in Juve scandal

TURIN, Italy (AP) — The Turin prosecutor’s office has requested indictments of former Juventus president Andrea Agnelli, 10 other former board members, and the club following an investigation into alleged false accounting. Former vice-president Pavel Nedved and CEO Maurizio Arrivabene — who left the club on Monday when Agnelli and the entire board of directors […]
8 hours ago
Associated Press

German parliament votes to approve EU-Canada trade pact

BERLIN (AP) — German lawmakers on Thursday approved a free-trade deal between the European Union and Canada, moving the accord a step closer to taking full effect. The pact, formally known as the Comprehensive Economic and Trade Agreement, or CETA, was signed in late 2016. Most of its terms have been implemented provisionally since 2017, […]
8 hours ago
Associated Press

Fed matches year of hot inflation with feverish rate hikes

NEW YORK (AP) — Wall Street expects the impact of the Federal Reserve’s most aggressive year of interest rate hikes in at least three decades to continue to be felt through next year. The central bank’s plan to fight stubbornly high prices on everything from food to clothing has been the central focus for Wall […]
8 hours ago
FILE - Jamie Lee Curtis appears at the Governors Awards in Los Angeles on Nov. 19, 2022. Curtis is ...
Associated Press

Jamie Lee Curtis to receive AARP Career Achievement Award

LOS ANGELES (AP) — “Scream Queen” Jamie Lee Curtis will be this year’s recipient of AARP The Magazine’s Movies for Grownups Awards career achievement honor. Curtis will receive the honor at the AARP’s annual Best Movies and TV for Grownups ceremony, the group announced Thursday. Alan Cumming returns to host the ceremony, which will be […]
8 hours ago

Sponsored Articles

...
Day & Night Air Conditioning, Heating and Plumbing

Prep the plumbing in your home just in time for the holidays

With the holidays approaching, it's important to know when your home is in need of heating and plumbing updates before more guests start to come around.
(Desert Institute for Spine Care photo)...
DESERT INSTITUTE FOR SPINE CARE

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
...
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a functioning HVAC unit can be critical.
Alphabet, Brinker International rise; PayPal, Gilead fall