NEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Safeway, eBay, Scholastic, Intel, Jakks Pacific are big market movers Thursday
July 18, 2013 at 8:55PM
NYSE
UnitedHealth Group Inc., up $4.32 at $70.55
The health insurer's second-quarter net income rose almost 8 percent. Its earnings topped Wall Street analysts' expectations.
Safeway Inc., up $1.67 at $26.32
The grocery store chain said its profit fell in the second quarter, but its results still topped Wall Street expectations.
The Sherwin-Williams Co., down $15.25 at $167.94
The paint and coatings maker announced disappointing second-quarter results and issued a weak outlook for the current quarter.
Morgan Stanley, up $1.16 at $27.70
The New York bank's second-quarter earnings and revenue jumped, fueled by gains in investment banking and wealth management.
Nasdaq
eBay Inc., down $3.86 at $53.52
The e-commerce company said a challenging market in Europe and Korea will weigh on its business in the second half of the year.
Scholastic Corp., down $2.65 at $29.45
The book publisher said that its fiscal fourth-quarter results were hurt as sales of "The Hunger Games" fell.
Intel Corp., down 91 cents at $23.24
The world's largest maker of computer chips said it expects flat sales amid a decline in the PC market.
Jakks Pacific Inc., down $4.48 at $6.99
The Malibu, Calif.-based toymaker reported disappointing quarterly results, cut its outlook and announced a restructuring.
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But participants in the annual Investors Roundtable also believe markets will end the year with growth, as President-elect Donald Trump’s policies come into focus and trends like AI continue.
