Connect with us

Hot world news

Pilgrim’s Pride, JPMorgan fall; Adobe, Smith & Wesson rise

MARKETING NEWS

Pilgrim’s Pride, JPMorgan fall; Adobe, Smith & Wesson rise

Stocks that traded heavily or had substantial price changes Friday: Pilgrim’s Pride, JPMorgan fall; Adobe, Smith & Wesson riseByThe Associated PressJune 18, 2021, 8:18 PM• 1 min readShare to FacebookShare to TwitterEmail this articleNEW YORK — Stocks that traded heavily or had substantial price changes Friday:Adobe Inc., up $14.23 to $565.59.The software maker gave investors an encouraging profit forecast after reporting strong second-quarter financial results.Pilgrim’s Pride Corp., down 36 cents to $21.25.The poultry producer is buying the meats and meals business of Kerry Consumer Foods for $952 million.Smith & Wesson Brands Inc., up $3.43 to $23.35.The firearm maker reported strong fiscal fourth-quarter financial results and raised its quarterly dividend.Codexis Inc., up $2.48 to $22.12.The producer of custom industrial enzymes raised its revenue forecast for the year.Sykes Enterprises Inc., up $12.28 to $53.45.Sitel Group is buying the outsourcing services company for about $2.2 billion.Fox Corp., up 34 cents to $35.78.The owner of Fox News increased its stock buyback plan by $2 billion.JPMorgan Chase & Co., down $3.84 to $147.92.Banks were weighed down by falling bond yields, which can crimp their ability to charge more lucrative interest on loans.Intel Corp., down $1.51 to $55.67.Technology stocks slipped over heightened concerns about the Federal Reserve raising interest rates sooner than expected.


Source link

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published.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

More in MARKETING NEWS

To Top
error: Content is protected !!