Papa John's, Netflix rise; Perrigo, Snap fall

AP

Print Article

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

PPG Industries Inc., down $11.02 to $98.56

The maker of paints and coatings said higher costs for materials and weaker demand from China and elsewhere will hurt its results.

Papa John's International Inc., up $4.48 to $54.90

The Wall Street Journal reported that activist investor Nelson Peltz is evaluating a bid for the company.

Perrigo Co., down $1.31 to $71.49

The Dublin-based drugmaker said Uwe Roehrhoff is stepping down as CEO.

Snap Inc., down 48 cents to $7

Analysts at MoffettNathanson lowered their price target on the stock to $6.50 from $8 and said the company is "quickly running out of money."

Netflix Inc., up $6.61 to $335.71

The company said it has chosen New Mexico as the site of a new U.S. production hub.

Starbucks Corp., up $1.17 to $57.71

Hedge fund billionaire Bill Ackman disclosed a $900 million stake in the coffee chain.

Helen of Troy Ltd., up $1.57 to $124.27

The personal and household products company reported quarterly results that came in ahead of analysts' forecasts.

Blackbaud Inc., down $12.63 to $77.38

The cloud-based software company cut its earnings and revenue projections.

Print Article

Read More National & World

The Latest: Officials deny $2 billion transit center lawsuit

AP

October 17, 2018 at 5:02 pm | SAN FRANCISCO (AP) The Latest on lawsuits over a $2 billion transit terminal in San Francisco (all times local): 4 p.m. The agency in charge of a troubled $2 billion San Francisco transit t...

Comments

Read More

The Latest: May says UK, EU need 'courage, trust' on Brexit

AP

October 17, 2018 at 3:05 pm | BRUSSELS (AP) The Latest on Britain's upcoming exit from the European Union (all times local): 11:00 p.m. British Prime Minister Theresa May has told her 27 European Union counterparts that...

Comments

Read More

Business Highlights

AP

October 17, 2018 at 2:47 pm | ___ Tesla secures land in Shanghai for first factory outside US BEIJING (AP) Electric auto brand Tesla Inc. says it has secured land in Shanghai for its first factory outside the United Sta...

Comments

Read More

PulteGroup, IBM and Fiat Chrysler fall while Netflix climbs

AP

October 17, 2018 at 2:35 pm | NEW YORK (AP) Stocks that moved substantially or traded heavily Wednesday: PulteGroup Inc., down 80 cents to $22.82 Homebuilders fell after the Commerce Department said construction of new ...

Comments

Read More

Contact Us

(406) 755-7000
727 East Idaho
Kalispell, MT 59901

©2018 Daily Inter Lake Terms of Use Privacy Policy
X
X