McCormick, Capital One fall; General Mills, Patterson rise
Jun 29, 2022, 1:15 AM | Updated: 1:22 pm
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
General Mills Inc., up $4.46 to $74.72.
The maker of Cheerios cereal, Yoplait yogurt and other packaged foods gave investors an encouraging profit forecast.
McCormick & Co., down $1.21 to $85.63.
The spices and seasonings company cut its profit forecast for the year after reporting disappointing second-quarter results.
AeroVironment Inc., down $3.75 to $77.96.
The maker of unmanned aircraft reported disappointing fiscal fourth-quarter results.
Patterson Cos., up $2.95 to $30.91.
The medical supplies maker beat Wall Street’s fiscal fourth-quarter profit and revenue forecasts.
Bed Bath & Beyond Inc., down $1.54 to $4.99.
The home goods retailer reported a much bigger first-quarter loss than analysts’ expected and replaced its CEO.
Pinterest Inc., up 26 cents to $19.96.
The visual social platform named former Google executive Bill Ready as its new CEO to replace Ben Silbermann.
Walt Disney Co., down 27 cents to $95.65.
The theme park operator and entertainment company extended CEO Bob Chapek’s contract for three years.
Capital One Financial Corp., down $2.91 to $105.61.
Banks slipped along with long-term bond yields, which they rely on to charge more lucrative interest on loans.
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