Signature Bank, Johnson & Johnson rise; Acadia, Netgear fall

Apr 19, 2022, 1:15 PM | Updated: 1:57 pm

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:

Johnson & Johnson, up $5.42 to $183.08.

The health care giant beat analysts’ first-quarter earnings forecasts and raised its dividend.

Dentsply Sirona Inc., down $6.52 to $42.20.

The dental products maker fired its CEO without giving a reason and issued a profit forecast for the current quarter that was far below analysts’ estimates.

Netgear Inc., down 77 cents to $22.37.

The networking equipment company warned investors that its first-quarter revenue will fall short of prior forecasts.

Super Micro Computer Inc., up $8.04 to $44.65.

The server technology company said it expected to report far higher earnings for its recently completed quarter than it previously estimated.

Acadia Pharmaceuticals Inc., down 69 cents to $21.72.

The drug developer reported disappointing results for a study on a potential pain treatment.

Signature Bank, up $21.59 to $288.20.

The bank’s first-quarter earnings beat analysts’ forecasts.

American Campus Communities Inc., up $7.22 to $64.80.

Blackstone is buying the student housing developer for about $12.8 billion, including debt.

Fulgent Genetics Inc. up $3.88 to $59.14.

The gene testing technology company gave investors an encouraging first-quarter revenue update.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of...

Associated Press

Saudi Arabia reducing global oil supply, could spell higher prices for US drivers

Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude.

1 day ago

This photo provided by Robert Wilkes, owner of a house boat management company, shows smoke rising ...

Associated Press

Houseboats catch fire while docked at Wahweap Marina on Lake Powell

More than half a dozen house boats momentarily caught fire at a popular boating destination on the Utah-Arizona line on Friday.

3 days ago

File - Women work in a restaurant kitchen in Chicago, Thursday, March 23, 2023. On Friday, the U.S....

Associated Press

US hiring, unemployment jump in May and what that says about the economy

The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations.

3 days ago

(Pixabay Photo)...

Associated Press

Oath Keeper from Arizona sentenced for role in Jan. 6 riot at US Capitol

Edward Vallejo, a U.S. Army veteran from Phoenix, oversaw a “Quick Reaction Force” at a Virginia hotel that was prepared to deploy an arsenal of weapons into Washington if needed, authorities say.

4 days ago

FILE - U.S. Border Patrol Chief Raul Ortiz listens during a news conference, Jan. 5, 2023, in Washi...

Associated Press

US Border Patrol chief is retiring after seeing through end of Title 42 immigration restrictions

The head of the U.S. Border Patrol announced Tuesday that he was retiring, after seeing through a major policy shift that seeks to clamp down on illegal crossings at the U.S.-Mexico border following the end of Title 42 pandemic restrictions.

5 days ago

FILE - President Joe Biden talks with House Speaker Kevin McCarthy of Calif., on the House steps as...

Associated Press

House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate

The House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans against fierce conservative blowback and progressive dissent.

5 days ago

Sponsored Articles

...

SANDERSON FORD

Thank you to Al McCoy for 51 years as voice of the Phoenix Suns

Sanderson Ford wants to share its thanks to Al McCoy for the impact he made in the Valley for more than a half-decade.

...

Desert Institute for Spine Care

Spinal fusion surgery has come a long way, despite misconceptions

As Dr. Justin Field of the Desert Institute for Spine Care explained, “we've come a long way over the last couple of decades.”

...

re:vitalize

Why drug-free weight loss still matters

Wanting to lose weight is a common goal for many people as they progress throughout life, but choosing between a holistic approach or to take medicine can be a tough decision.

Signature Bank, Johnson & Johnson rise; Acadia, Netgear fall