JPMorgan, Delphi and CSX rise, McCormick dips
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
JPMorgan Chase & Co., up $2.51 to $61.79
The largest bank in the U.S. reported a better-than-expected profit and revenue in the first quarter.
McCormick & Co., down $2.18 to $96.72
The spice and herb seller gave up on an effort to buy Britain's Premier Foods.
Delphi Automotive PLC, up $4.07 to $76.42
The auto parts supplier said the IRS agreed some of its businesses shouldn't be taxed at higher U.S. rates.
Verizon Communications Inc., down 66 cents to $51.29
About 39,000 Verizon landline and cable workers went on strike eight months after the company's contract with their unions expired.
Clorox Co., down $2.03 to $126.14
Consumer goods companies fell after the Commerce Department said U.S. retail sales decreased in March.
Nasdaq
CSX Corp., up $1.04 to $26.03
The railroad operator's profit was larger than investors expected as costs for fuel and other spending came down.
Titan Machinery Inc., down 6 cents to $11.44
The agriculture and construction equipment company took a smaller first-quarter loss than analysts expected.
Medivation Inc., up $3.64 to $49.37
Reports said French drugmaker Sanofi is interested in buying the cancer drug maker.