Bristol-Myers, Gilead rise, SVB Financial, BioMarin fall

Sep 12, 2022, 1:26 AM | Updated: 1:32 pm

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:

Bristol-Myers Squibb Co., up $2.20 to $72.36.

The pharmaceutical company received U.S. approval for a psoriasis treatment.

Gilead Sciences Inc., up $2.73 to $68.01.

The drug developer announced agreements to settle patent disputes over HIV treatments.

Yum Brands Inc., up $1.17 to $117.26.

The owner of KFC and Taco Bell announced a new $2 billion stock buyback plan.

SVB Financial Group, down $16.82 to $406.15.

Investors were disappointed by the bank’s latest update to its financial forecast.

BioMarin Pharmaceutical Inc., down $2.69 to $90.24.

The drug developer gave investors a potentially discouraging update on the development of a hemophilia drug.

Chevron Corp., up $2.53 to $162.50 Energy companies gained ground along with rising U.S. crude oil prices.

Newmont Corp., up 78 cents to $43.95.

The gold producer gained ground as prices for the precious metal edged higher.

Stellantis NV, up 52 cents to $13.93.

United Auto Workers on strike at the carmaker’s casting plant in Indiana have reached a tentative deal.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


lily gladstone...

Jake Coyle, The Associated Press

‘Oppenheimer,’ Lily Gladstone win at 30th Screen Actors Guild Awards

Gladstone won Saturday and the crowd erupted. Stone, too, stood and vigorously applauded. Her win would be a first for Native Americans.

12 hours ago

Image: An Alaska Airlines passenger jet approaches to land at the Los Angeles International Airport...

Associated Press

Man accused of stabbing another passenger on a flight from Seattle to Las Vegas charged

A man who witnesses say stabbed another passenger on an airline flight in January told authorities he intended to kill the victim.

3 days ago

Image: Dr. Candice Matthews, left, listens as Texas state Rep. Ron Reynolds, right, with Darryl Geo...

Associated Press

Judge: Texas school legally punished Black student over hairstyle

A Black high school student's punishment by his Texas district for refusing to change his hairstyle doesn't violate state law, a judge said.

3 days ago

The logo for Boeing appears on a screen above a trading post on the floor of the New York Stock Exc...

Associated Press

Boeing ousts head of 737 jetliner program weeks after panel blowout on flight

Boeing said the head of its 737 program is leaving the company in an executive shake-up weeks after a door panel blew out on a flight over Oregon.

4 days ago

Image: The Alabama State Capitol is seen on May 15, 2019 in Montgomery, Alabama....

Associated Press

Alabama Supreme Court rules frozen embryos are ‘children’ under state law

Critics say the Alabama embryo ruling may have sweeping implications for fertility treatments.

5 days ago

Image: People take cover during a shooting at Union Station during the Kansas City Chiefs Super Bow...

Associated Press

Two men charged with murder at Kansas City Chiefs parade

Minutes after Kansas City Chiefs players spoke at a victory celebration Wednesday, multiple people near the parade route were carried away on stretchers.

5 days ago

Bristol-Myers, Gilead rise, SVB Financial, BioMarin fall