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Mondelez, Under Armour and Vulcan climb while GE slumps

Mondelez International, Under Armour and Vulcan Materials rise while General Electric drops

Reported by: AP [ Published on: October 31, 2018 2:45 IST ]
Image Source : AP Mondelez, Under Armour and Vulcan climb while GE slumps

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

Mondelez International Inc., up $2.01 to $42.12

The maker of Oreos disclosed a larger-than-expected profit and said sales in emerging markets were good.

Pfizer Inc., down 34 cents to $42.89

The drugmaker cut its revenue forecast for the year.

Under Armour Inc., up $5.04 to $23.23

The sports apparel company posted a larger profit and better sales than analysts had forecast.

AutoNation Inc., down $1.72 to $40.46

The auto retailer's third-quarter sales fell far short of Wall Street projections.

American Tower Corp., up $8.13 to $160.95

The wireless communications infrastructure company reported better quarterly results than analysts expected.

General Electric Co., down 98 cents to $10.18

The industrial company slashed its dividend again and said the Justice Department is investigating a charge taken by its power unit.

Chesapeake Energy Corp., down 45 cents to $3.27

The oil and natural gas giant company plans to acquire WildHorse Resource Development Corp. in a nearly $4 billion deal.

Vulcan Materials Co., up $14.73 to $98.93

The construction materials maker recovered some of its recent losses after its profit and sales topped estimates.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.

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