Sysco, Simon Property rise; Peloton, Dentsply fall

May 10, 2022, 1:15 PM | Updated: 2:00 pm

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

Microchip Technology Inc., up $3.94 to $68.25.

The chipmaker gave investors an encouraging profit and revenue forecast after reporting strong fiscal fourth-quarter financial results.

Simon Property Group Inc., up 88 cents to $119.07.

The shopping mall owner raised its quarterly dividend and authorized a $2 billion stock buyback program.

International Flavors & Fragrances Inc., up $6.01 to $125.50.

The supplier of ingredients to the food, cosmetics and consumer products industries raised its sales forecast for the year.

Trex Co., up $2.95 to $58.63.

The maker of fencing and decking products beat Wall Street’s first-quarter earnings and revenue forecasts.

Novavax Inc., up 60 cents to $53.86.

The vaccine maker reaffirmed an encouraging revenue forecast for the year.

Sysco Corp., up $4.97 to $86.05.

The food distributor beat Wall Street’s fiscal third-quarter profit and revenue forecasts.

Dentsply Sirona Inc., down $2.87 to $36.38.

The dentistry supplies manufacturer cut its profit forecast for the year after reporting disappointing first-quarter financial results.

Peloton Interactive Inc., down $1.23 to $12.90.

The exercise bike company’s fiscal third-quarter loss was much bigger than Wall Street expected.

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 This material may not be published, broadcast, rewritten or redistributed.

AP

Haitian migrant Gerson Solay, 28, carries his daughter, Bianca, as he and his family cross into Can...
Associated Press

US, Canada to end loophole that allows asylum-seekers to move between countries

President Joe Biden and Canadian Prime Minister Justin Trudeau on Friday announced a plan to close a loophole to an immigration agreement.
1 day ago
Expert skateboarder Di'Orr Greenwood, an artist born and raised in the Navajo Nation in Arizona and...
Associated Press

Indigenous skateboard art featured on new stamps unveiled at Phoenix skate park

The Postal Service unveiled the “Art of the Skateboard" stamps at a Phoenix skate park, featuring designs from Indigenous artists.
1 day ago
(Facebook Photo/City of San Luis, Arizona)...
Associated Press

San Luis authorities receive complaints about 911 calls going across border

Authorities in San Luis say they are receiving more complaints about 911 calls mistakenly going across the border.
7 days ago
(Pexels Photo)...
Associated Press

Daylight saving time begins in most of US this weekend

No time change is observed in Hawaii, most of Arizona, Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam and the Northern Marianas.
15 days ago
Mexican army soldiers prepare a search mission for four U.S. citizens kidnapped by gunmen in Matamo...
Associated Press

How the 4 abducted Americans in Mexico were located

The anonymous tip that led Mexican authorities to a remote shack where four abducted Americans were held described armed men and blindfolds.
15 days ago
Tom Brundy points to a newly built irrigation canal on one of the fields at his farm Tuesday, Feb. ...
Associated Press

Southwest farmers reluctant to idle farmland to save water

There is a growing sense that fallowing will have to be part of the solution to the increasingly desperate drought in the West.
22 days ago

Sponsored Articles

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

Company looking for oldest air conditioner and wants to reward homeowner with new one

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.
...
Fiesta Bowl Foundation

Celebrate 50 years of Vrbo Fiesta Bowl Parade magic!

Since its first production in the early 1970s, the Vrbo Fiesta Bowl Parade presented by Lerner & Rowe has been a staple of Valley traditions, bringing family fun and excitement to downtown Phoenix.
(Photo via MLB's Arizona Fall League / Twitter)...
Arizona Fall League

Top prospects to watch at this year’s Arizona Fall League

One of the most exciting elements of the MLB offseason is the Arizona Fall League, which began its 30th season Monday.
Sysco, Simon Property rise; Peloton, Dentsply fall