AP NEWS
Click to copy
Click to copy
Related topics

Amgen and Sysco rise while Viacom and Bank of America fall

August 12, 2019

Stocks that moved substantially or traded heavily on Monday:

Amgen Inc., up $9.53 to $205.78

The biotechnology company said a U.S. district court ruled in its favor in a patent dispute involving the arthritis drug Enbrel.

Sysco Corp., up $2.20 to $72.19

The food distributor reported a fourth quarter profit that beat Wall Street forecasts.

Viacom Inc., down $1.48 to $28.53

The entertainment company and CBS are close to a merger deal, according to media reports.

Rite Aid Corp., down 17 cents to $7.02

The struggling drugstore chain named former insurance executive Heyward Donigan as its new CEO.

ABB Ltd., up 44 cents to $18.50

The robotics and engineering company is bringing in Sandvik’s Bjorn Rosengren as its new CEO.

Twin River Worldwide Holdings Inc., down $2.56 to $20.85

The casino operator’s second quarter profit and revenue fell short of Wall Street forecasts.

Barrick Gold Corp., down 17 cents to $17.97

The gold mining company reported a 27% surge in gold production during the second quarter and met Wall Street’s profit forecast.

Bank of America Corp., down 69 cents to $27.64

Bond yields, which banks rely on to charge interest on loans and help drive profit, fell broadly.

All contents © copyright 2019 The Associated Press. All rights reserved.