AP NEWS

General Motors and Comerica climb; Century Aluminum drops

October 3, 2018

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:

General Motors Co., up 70 cents to $34

Honda said it will invest $2.75 billion in GM’s autonomous vehicle business, Cruise.

J.C. Penney Co., up 6 cents to $1.62

The retailer said the CEO of Jo-Ann Stores will be its next CEO.

Tempur Sealy Inc., up $5.28 to $53.66

Reuters reported that competitor Mattress Firm plans to file for bankruptcy protection soon.

Acuity Brands Inc., down $20.47 to $135.01

The lighting maker said costs rose in the fourth quarter and demand for big projects was weak.

Thomson Reuters Inc., up $2.50 to $47.24

The news and financial information company said it will buy back about $6.5 billion in stock.

Comerica Inc., up $2.31 to $92.09

Banks rose along with interest rates after a survey by ADP showed strong hiring by private businesses in September.

Century Aluminum Co., down $1.38 to $10.52

A major alumina refinery in Brazil was shut down by its owner, Norsk Hydro.

Procter & Gamble Co., down $1.33 to $$83.03

As bond yields jumped, high-dividend stocks like utilities and household-goods makers took sharp losses.

AP RADIO
Update hourly