Newmont and Papa John's dip; Bristol-Myers and Garmin rise


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

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

Toll Brothers Inc., up $1.94 to $33.93

The homebuilder announced strong first-quarter results and said it expects to finish more homes this year.

Garmin Ltd., up $3.70 to $54.15

The navigation device maker had a far better quarter than expected as sales of fitness and outdoor devices improved.

Bristol-Myers Squibb Co., up 57 cents to $55.35

The Wall Street Journal said billionaire investor Carl Icahn bought a stake in the drugmaker.

Newmont Mining Corp., down $1.44 to $36

The mining company reported weak quarterly results and said it expects higher expenses.

Unilever PLC, up $2.06 to $46.93

The food and consumer products company said it will review its options after it rejected a buyout offer from Kraft Heinz.

Concho Resources Inc., down $9.65 to $131.70

The oil and gas company's revenue disappointed analysts and it joined energy companies trading lower Wednesday.

Tribune Media Co., up $1.11 to $34.81

Activist investment fund Starboard Value disclosed a 6.6 percent stake in the company.

Papa John's International Inc., down $6.03 to $79.60

The pizza delivery company reported lower revenue than analysts had expected.

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 This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press
    KSL.com Beyond Business
    KSL.com Beyond Series

    KSL Weather Forecast

    KSL Weather Forecast
    Play button