Teva and 3D Systems slide while Kellogg and Tesla jump

By The Associated Press | Posted - Aug. 3, 2017 at 2:42 p.m.



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

Kellogg Co., up $2.92 to $70.36

The maker of Frosted Flakes, Pop Tarts and Eggo waffles said sales fell, but not as much as analysts expected.

Tesla Inc., up $21.20 to $347.09

The electric car company said it is confident it can meet its production goals for the new Model 3 sedan.

Teva Pharmaceutical Industries Ltd., down $7.50 to $23.75

The generic drug maker cut its annual projections after U.S. sales tumbled in the second quarter.

AmerisourceBergen Corp., down $9.56 to $81.71

The prescription drug company said it expects weaker revenue growth.

Hologic Inc., down $3.76 to $39.91

The medical device maker gave a disappointing revenue forecast following a mixed fiscal third quarter.

Aetna Inc., up $3.80 to $158.54

The health insurer raised its annual profit forecast after a strong quarterly report.

Global Payments Inc., down 26 cents to $95.15

The electronics payment processing company will buy the sports and communities units of business software company Active Network for $1.2 billion.

Mallinckrodt PLC, down $1.95 to $41.62

The company said the Department of Justice is investigating its promotion and sales practices for several opioid pain drugs.

Take-Two Interactive Software Inc., up $9.70 to $89.09

The publisher of "Grand Theft Auto" video games raised its annual sales estimate after a strong first quarter.

3D Systems Corp., down $3.62 to $13.39

The maker of 3D printers fell short of analyst estimates and cut its annual forecasts.

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The Associated Press

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