mbi-logombi-logombi-logo-mobilembi-logo-mobile
  • Home
  • Agriculture
  • Business
  • Energy & Mining
  • Food
  • Healthcare
  • MPR News
  • National News
  • Retail
  • Tourism
✕
Movie theaters implore studios: Release the blockbusters
July 23, 2020
Enbridge says contractor vessels may have damaged pipeline
July 23, 2020

Whirlpool, Meritage rise; Kinder Morgan, Union Pacific fall

NEW YORK — Stocks that moved heavily or traded substantially on Thursday:

Kinder Morgan Inc., down 40 cents to $14.49.

The pipeline operator said slumping energy demand due to the the virus pandemic will continue hurting its business.

Align Technology Inc., down $18.92 to $299.05.

The maker of the Invisalign tooth-straightening system reported a bigger second-quarter loss than Wall Street had forecast.

Whirlpool Corp., up $11.74 to $158.63.

The maker of Maytag washers and KitchenAid appliances reported surprisingly strong second-quarter profit and raised its sales forecast.

Meritage Homes Corp., up 15 cents to $89.50.

The Arizona-based homebuilder handily beat analysts’ second-quarter profit and revenue forecasts.

PulteGroup Inc., up $1.85 to $41.29.

A recovery in demand during the second quarter helped lift the homebuilder’s profit and revenue above Wall Street forecasts.

Las Vegas Sands Corp., down $1.96 to $44.88.

The casino operator reported a steeper second-quarter loss than Wall Street had forecast.

Ascena Retail Group Inc., down 20 cents to 59 cents.

The owner of the Ann Taylor and Lane Bryant chains filed for Chapter 11 bankruptcy protection.

Union Pacific Corp., down $4.38 to $175.

The railroad’s second-quarter revenue fell short of Wall Street forecasts as the virus pandemic sapped freight volume.

Share

Related posts

January 25, 2023

Why Budget Day (days, really) was so much fun for Gov. Tim Walz and how surplus spending will make Minnesota history


Read more
January 25, 2023

USDA tightens organic rules amid fraud cases like a $46 million alleged scheme by Minnesota farmers


Read more
January 19, 2023

What’s the debt ceiling, anyway? And what happens if Congress doesn’t act?


Read more
✕

CATEGORIES

  • Agriculture
  • Announcements
  • Business
  • Business Focus
  • Energy & Mining
  • Featured
  • Food
  • Healthcare
  • MPR News
  • National News
  • Retail
  • Technology
  • Tourism

OUR MAGAZINE

Minnesota Business Insights is the premiere business web, digital and print media publication, built for entrepreneurs, visionaries, builders, and doers who are committed to growing the economy of the great state of Minnesota.

LATEST POSTS

  • Faye travel insurance review: coverage, rates, and more
    January 30, 2023
  • US stocks slide as investors turn focus to Fed meeting and brace for mega-cap tech earnings
    January 30, 2023

ADVERT

© 2020 Minnesota Business Insights. All Rights Reserved.