Newmont Mining and AB InBev climb; Netflix and Illumina skid
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq stock market:
Newmont Mining Corp., up $1.45 to $30.19
Shares in metals and mining companies rose as the prices of gold and silver jumped.
IBM Corp., down $8.53 to $144
The technology and consulting company's revenue continued to slip and analysts said software sales are still getting weaker.
Anheuser-Busch InBev SA, up $3.85 to $131.77
The beer maker reached a deal to sell Peroni and other brands to Japan's Asahi Group for $2.88 billion.
Brinker International Inc., down $3.17 to $44.47
The operator of Chili's Grill & Bar reported disappointing quarterly revenue as sales at older restaurants slumped.
UnitedHealth Group Inc., up $2.69 to $130.50
The largest U.S. health insurance company raised its forecasts for the year after reporting strong results.
Netflix Inc., down $14.06 to $94.34
Investors were disappointed with the streaming video company's subscriber projections for the current quarter.
Illumina Inc., down $41.25 to $136.88
The genetic testing tools company forecast disappointing sales as revenue from its HiSeq devices weren't as good as it expected.
Rambus Inc., down $1.23 to $12.54
The memory chip designer forecast weak revenue for the second quarter.