Johnson & Johnson climbs while Netflix and UnitedHealth slip
NEW YORK (AP) – Stocks that moved substantially or traded heavily Tuesday:
Netflix Inc., down $21 to $379.48
The streaming video company’s second-quarter subscriber gains were weaker than analysts expected.
Johnson & Johnson, up $4.42 to $129.11
The health care products company reported better results for its prescription drug business.
Hess Corp., down 42 cents to $63.46
The stocks of energy companies fell along with oil prices on Tuesday.
UnitedHealth Group Inc., down $6.69 to $250.29
The health insurer’s medical costs in the second quarter were greater than Wall Street had forecast.
Omnicom Group Inc., down $7.41 to $70.69
The advertising company’s revenue disappointed investors and its business in North America struggled.
Charles Schwab Corp., up $1.82 to $52.88
The financial service firm reported a larger profit and more revenue than analysts anticipated.
Chico’s FAS Inc., up 36 cents to $8.61
Shares in smaller companies fared better than the rest of the market Tuesday.
Goldman Sachs Group Inc., down 42 cents to $231.02
Investors weren’t impressed with the bank’s results, and Goldman confirmed CEO Lloyd Blankfein will retire on Sept. 30.
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