Amgen and Sysco rise while Viacom and Bank of America fall

Oct 7, 2019 hixaginc

Stocks that moved substantially or traded heavily on Monday:Amgen Inc., up $9.53 to $205.78The biotechnology company said a U.S. district court ruled in its favour in a patent dispute involving the arthritis drug Enbrel.Sysco Corp., up $2.20 to $72.19The food distributor reported a fourth quarter profit that beat Wall Street forecasts.Viacom Inc., down $1.48 to $28.53The entertainment company and CBS are close to a merger deal, according to media reports.Rite Aid Corp., down 17 cents to $7.02The struggling drugstore chain named former insurance executive Heyward Donigan as its new CEO.ABB Ltd., up 44 cents to $18.50The robotics and engineering company is bringing in Sandvik’s Bjorn Rosengren as its new CEO.Twin River Worldwide Holdings Inc., down $2.56 to $20.85The casino operator’s second quarter profit and revenue fell short of Wall Street forecasts.Barrick Gold Corp., down 17 cents to $17.97The 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 $27.64Bond yields, which banks rely on to charge interest on loans and help drive profit, fell broadly.The Associated Press

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *