AP NEWS

Macy’s, Humana rise; Merck, Ford Motor fall

February 5, 2020 GMT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:

Merck & Co., down $2.53 at $85.83

The drugmaker reported weak fourth-quarter revenue and said it will spin off its women’s health and other divisions.

Humana Inc., up $22.05 at $364.80

The health insurer reported surprisingly good fourth-quarter profit and revenue.

Fiserv Inc., down $2.22 at $121.67

The financial services technology company reported disappointing fourth-quarter earnings and revenue.

Macy’s Inc., up 98 cents at $17.45

The department store operator is cutting 2,000 corporate jobs and closing 125 of its least productive stores.

Gilead Sciences Inc., down $1.53 at $65.87

The drug developer’s fourth-quarter earnings and its profit forecast fell far short of Wall Street expectations.

Prudential Financial Inc., up $2.11 at $95.64

The financial services company raised its dividend after reporting surprisingly good fourth-quarter profit.

Ford Motor Co., down 87 cents at $8.31

The automaker’s fourth-quarter earnings and its profit forecast for 2020 fell short of analysts’ forecasts.

Capri Holdings Ltd., up $2.55 at $33.31

The owner of Versace and Jimmy Choo brands beat Wall Street’s fiscal third-quarter profit and revenue forecasts.