UnitedHealth, Bank of America rise; Occidental, Boeing fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
UnitedHealth Group Inc., up $16.81 to $420.36.
The health insurer raised its profit forecast for the year after reporting strong third-quarter financial results.
Occidental Petroleum Corp., down 29 cents to $31.99.
The oil and gas company is selling two Ghana offshore fields for $750 million.
Bank of America Corp., up $1.93 to $45.07.
The bank’s third-quarter financial results beat Wall Street forecasts.
Commercial Metals Co., down $1.52 to $30.97.
The maker and recycler of steel and metal products reported disappointing fiscal fourth-quarter financial results.
Boeing Co., down $4.34 to $217.44.
The airplane maker is reportedly dealing with a new defect on its 787 Dreamliner.
Everest RE Group Ltd., up $11.68 to $277.87.
Investors were encouraged by the reinsurance company’s update on third-quarter catastrophe losses.
Walgreens Boots Alliance Inc., up $3.51 to $50.77.
The largest U.S. drugstore chain reported strong fiscal fourth-quarter financial results.
Valero Energy Corp., up $1.03 to $79.17.
The energy company gained ground as oil prices rose.