Facebook and Occidental Petroleum climb while CBS slumps
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
Analogic Inc., down $12.70 to $83.35
The medical and security imaging equipment maker agreed to be bought for $84 a share, less than investors hoped.
Fastenal Co., down $3.37 to $51.05
The maker of industrial and construction fasteners posted a smaller profit than Wall Street expected.
CBS Corp., down $1.11 to $51.01
According to reports, controlling shareholder Shari Redstone might be willing to replace CEO Les Moonves to get CBS and Viacom to merge.
Bank of America Corp., down 58 cents to $29.90
After a big gain Tuesday, banks slipped along with interest rates.
Occidental Petroleum Corp., up $1.17 to $71.68
Energy companies kept rising as the price of U.S. crude oil reached a three-year high.
Newmont Mining Corp., up $1.17 to $40.64
The price of gold jumped Wednesday, which helped mining companies.
T-Mobile US Inc., down 21 cents to $62.92
There were reports that Sprint and T-Mobile have restarted talks about a possible combination.
Facebook Inc., up $1.28 to $166.32
The social media company rose for a second day as CEO Mark Zuckerberg completed his congressional testimony.