Starbucks, Johnson Johnson rise; Nucor, Union Pacific fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Starbucks Corp., up $4.86 to $92.70. The coffee chain gave investors an encouraging update on its operations and profit goals. Union Pacific Corp., down $8.34 to $217.95. Freight railroads fell as as union members approach a nationwide strike deadline on Friday. Flowserve Corp. down $2.36 to $28.43. The company that makes pumps and other parts for the oil and gas industries gave investors a discouraging third-quarter financial update. Moderna Inc., up $8.10 to $139.40. The company is reportedly in talks to possibly supply its COVID-19 vaccine to China. Compass Minerals International Inc., up $2.06 to $41.37. The producer of salt, magnesium chloride, and other plant nutrients is getting a $252 million investment from a Koch Industries subsidiary. Nucor Corp., down $15.39 to $120.71. The steel company warned investors that profits are being hurt by lower prices and reduced shipping volumes. Johnson Johnson, up $3.33 to $164.66.
Starbucks, Johnson Johnson rise; Nucor, Union Pacific fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Starbucks Corp., up $4.86 to $92.70. The coffee chain gave investors an encouraging update on its operations and profit goals. Union Pacific Corp., down $8.34 to $217.95. Freight railroads fell as as union members approach a nationwide strike deadline on Friday. Flowserve Corp. down $2.36 to $28.43. The company that makes pumps and other parts for the oil and gas industries gave investors a discouraging third-quarter financial update. Moderna Inc., up $8.10 to $139.40. The company is reportedly in talks to possibly supply its COVID-19 vaccine to China. Compass Minerals International Inc., up $2.06 to $41.37. The producer of salt, magnesium chloride, and other plant nutrients is getting a $252 million investment from a Koch Industries subsidiary. Nucor Corp., down $15.39 to $120.71. The steel company warned investors that profits are being hurt by lower prices and reduced shipping volumes. Johnson Johnson, up $3.33 to $164.66.