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NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday:
Exxon Mobil Corp., up 77 cents to $41.24
The energy giant its slashing its spending plans due to weak demand and a market flooded with an oversupply of oil.
Kraft Heinz Co., up 70 cents to $26.61
The food maker said it’s seeing “very strong consumer demand” for its products.
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Alcon Inc., down 82 cents to $51.50
The maker of eye care products withrew its financial forecasts for this year and will delay a decision on paying a dividend until next year.
V.F. Corp., up $1.67 to $56.34
The maker of Vans and North Face products suspended its stock buyback program but will keep paying dividends.
Luminex Corp., up $1.41 to $28.49
The maker of testing systems for biotechnology companies reported first-quarter revenue that beat its own forecasts.
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Macy’s Inc., up 28 cents to $5.91
The retailer said its chief financial officer would leave at the end of May.
NXP Semiconductors N.V., down $2.66 to $84.28
The chipmaker said the impact from COVID-19 on its first-quarter results would be worse than it had forecast on March 2.
Continental Resources Inc., up 96 cents to $10.45
The energy company said it would cut production in response to dropping demand and suspend its dividend.
Copyright © 2020 . All rights reserved. This website is not intended for users located within the European Economic Area.