NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
HP Inc., up 86 cents to $22.16
The printer and PC maker raised its profit forecast after it topped analyst projections in its latest quarter.
U.S. Bancorp, up 98 cents to $49.84
Most Read Business Stories
- Costco gets into health care business with $29 online visits
- Target to close 2 Seattle stores, citing safety concerns
- Seattle’s bid to replace downtown retail with housing triggers debate
- Judge rules Donald Trump defrauded banks, insurers while building real estate empire
- ChatGPT can now generate images, too
Banks rallied as bond yields rose after sharp losses a day ago.
Exxon Mobil Corp., up $3.08 to $81.50
Oil prices turned higher and energy companies broke out of a five-day losing streak.
Dick’s Sporting Goods Inc., up $7.87 to $38.35
The retailer raised its profit forecast after strong online sales boosted its first-quarter results.
WellCare Health Plans Inc., up $5.84 to $226.99
The health insurer said it will pay $2.5 billion for Medicaid provider and pharmacy benefits manager Meridian.
Chico’s FAS Inc., down $1.82 to $8.17
The clothing retailer’s quarterly profit fell short of Wall Street estimates.
Michael Kors Holdings Ltd., down $7.81 to $60.41
The luxury retailer gave a disappointing forecast for the year.
J.M. Smucker Co., down 9 cents to $108.59
High dividend stocks like household goods makers moved lower as investors grew less cautious and took more risks Wednesday.