CVS, Delta Air Lines rise; Fastenal, Grubhub fall

AP

Print Article

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

CVS Health Corp., up $2.59 to $57.97.

The White House withdrew a plan that would have allowed patients to receive rebates that drugmakers now pay to insurers and distributors.

Delta Air Lines Inc., up 69 cents to $60.16.

The airline reported record revenue and a big increase in profits as it benefited from strong demand for air travel.

Grubhub Inc., down $3.06 to $74.

The New York Post reported that New York State regulators could restrict the fees that food-ordering companies can charge.

Fastenal Co., down 89 cents to $30.36.

The maker of industrial and construction fasteners reported lower profit margins as its costs increased.

Bed Bath & Beyond Inc., down 35 cents to $11.17.

The home goods retailer reported revenue that fell short of forecasts.

AAR Corp., up $3.41 to $42.62.

The airplane maintenance company reported earnings and revenue that came in well ahead of analysts' estimates.

Vishay Intertechnology Inc., down 73 cents to $15.35.

The semiconductor maker said it now expects its second-quarter results to come in below its previous forecasts because of weak demand.

Digital Realty Trust Inc., down $1.09 to $121.03.

Real estate companies and other safe-play stocks lagged the rest of the market.

Print Article

Read More National & World

The Latest: Man who lost daughter questions FAA inspections

AP

July 17, 2019 at 10:50 am | WASHINGTON (AP) The Latest on a U.S. House subcommittee hearing on aircraft safety and the Boeing 737 Max (all times local): 11:15 a.m. A man whose daughter was killed when an Ethiopian Air...

Comments

Read More

The Latest: Facebook won't commit to starting small on Libra

AP

July 17, 2019 at 10:48 am | WASHINGTON (AP) The Latest on congressional hearings on the reach of big tech (all times local): 12:40 p.m. Facebook is moving forward on an ambitious plan for a new digital currency and wo...

Comments

Read More

Real estate agents use digital strategy to get buyers

AP

July 17, 2019 at 9:41 am | NEW YORK (AP) When the internet replaced newspapers as a primary way to advertise homes and other property for sale, real estate brokers learned they had to be increasingly strategic about marketin...

Comments

Read More

As housing market wavers, brokers strategize to get buyers

AP

July 17, 2019 at 8:55 am | NEW YORK (AP) The persistently slow housing market has Debra Goodwin creating cooking videos to try to sell a house. Glenn Phillips finds himself explaining to sellers the reasons why they might ha...

Comments

Read More

Contact Us

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

©2019 Daily Inter Lake Terms of Use Privacy Policy
X
X