General Motors and Deere slide while Kroger and Darden jump


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 Information in the story may be outdated or superseded by additional information.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 moved substantially or traded heavily Thursday:

General Motors Co., down 83 cents to $41.12

Automakers fell after Daimler lowered its profit forecast, partly because of the effect of tariffs on U.S. vehicles in China.

Kroger Co., up $2.55 to $28.73

The supermarket chain raised the lower end of its annual profit forecast after a strong first quarter.

Intel Corp., down $1.27 to $52.19

Intel CEO Brian Krzanich is resigning after a relationship with an employee that Intel said violated company policy.

Deere & Co., down $2.34 to $142.01

Industrial companies took some of the worst losses as investors again worried about the potential effects of trade disputes.

Darden Restaurants Inc., up $13.79 to $107.06

Olive Garden's parent company had a stronger-than-expected fourth quarter.

Wayfair Inc., down $1.88 to $114.28

Online retailers fell after the Supreme Court ruled that states can force online shoppers to pay state sales taxes.

Chevron Corp., down $2.70 to $122.59

Energy companies and oil prices fell as investors expected OPEC to increase crude production.

Patterson Cos., up 75 cents to $23.28

The medical supply company beat expectations in its fourth quarter.

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 This material may not be published, broadcast, rewritten or redistributed.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