Germany To Drop Quarantine, Negative COVID-19 Demand For UK Arrivals

JPMorgan, Sherwin-Williams Fall; Wells Fargo, ODP Rise


NEW YORK: Stocks that traded heavily or had substantial price changes Friday:

Sherwin-Williams Co., down $8.93 to $308.46.

The paint maker reported disappointing fourth-quarter earnings as raw materials shortages and supply chain problems crimped operations.

Boston Beer Co., down $39.65 to $449.33.

The maker of Sam Adams beer warned it will miss its 2021 earnings target as it faces inventory shortages and higher supply chain costs.

Las Vegas Sands Corp., up $5.33 to $42.99.

Gaming legislation changes in Macau are reportedly beneficial to the casino operator.

ODP Corp., up $1.29 to $42.54.

The parent of Office Depot is delaying a split-up of its businesses to review a new buyout offer.

JPMorgan Chase & Co., down $10.34 to $157.89.

Investors were disappointed by the bank’s latest financial results, which showed profits fell as its trading business slumped.

Wells Fargo & Co., up $2.06 to $58.06.

The bank reported encouraging fourth-quarter financial results.

Occidental Petroleum Corp., up $1.36 to $35.51.

U.S. crude oil prices rose and helped lift energy stocks.

Freeport McMoRan Inc., down 25 cents to $44.08.

Slumping copper prices weighed down the mining company.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Read all the Latest News, Breaking News and Coronavirus News here.

Source link

Leave a Reply

Your email address will not be published.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