Bank of America and Delta climb, while Seagate tumbles
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:
Delta Air Lines Inc., up 45 cents to $48.49
The airline said its first-quarter profit rose 27 percent, thanks in part to cheap fuel prices.
Bank of America Corp., up 35 cents to $14.14
The bank's first-quarter profit fell, but it wasn't any worse than what analysts expected.
First Republic Bank, up $2.38 to $69.88
The San Francisco bank's profit was larger than investors had expected.
Progressive Corp., down $1.19 to $33.57
The insurer's profit fell short of Wall Street forecasts.
Newmont Mining Corp., down 80 cents to $26.68
The price of gold fell, which pulled mining companies lower.
Michael Kors Holdings Ltd., down $1.35 to $51.80
Competing luxury accessories maker Burberry warned that its earnings will be hurt by "challenging" conditions this year.
Seagate Technology PLC, down $6.82 to $27.11
The data storage company said its third-quarter profit margins and revenue will be lower than expected.
Amazon.com Inc., up $5.93 to $620.75
The retailer rolled out the Kindle Oasis, its smallest and lightest e-reader so far.