This is an archived article that was published on sltrib.com in 2017, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.
New York • Stocks that moved substantially or traded heavily Wednesday:
• United States Steel Corp., down $8.33 to $22.78
The steel maker lowered its annual estimates with its flat-rolled-products business struggling.
• Edwards Lifesciences Corp., up $10.38 to $109.30
The medical device maker had a strong first quarter and raised its projections for the year.
• Deckers Outdoor Corp., up $1.81 to $60.55
The maker of Ugg boots, Teva sandals and other footwear said it may put itself up for sale.
• Baxter International Inc., up $2.38 to $55.59
The health care products company beat Wall Street expectations in the first quarter and increased its guidance.
• Thermo Fisher Scientific Inc., up $9.20 to $168.01
The scientific instrument company added to a rally among health care stocks with a strong quarter and better forecasts.
• Dr Pepper Snapple Group Inc., down $5.43 to $92.98
The drink and snack maker trimmed its revenue forecasts after its sales disappointed investors.
• Macerich Co., down $1.69 to $62.11
Real estate investment trust and other high-dividend stocks continued to slump as bond yields rose further.
• Seagate Technology PLC, down $8.50 to $42.01
The electronic storage company announced weaker sales than investors had anticipated.