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Gilead Sciences and McDonald's slip; Texas Instruments rises

July 26, 2016 04:54 PM

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

Gilead Sciences Inc., down $7.50 to $81.05

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The hepatitis C drug maker reported weak sales and cut its revenue estimates for the year.

McDonald's Corp., down $5.69 to $121.71

The world's largest burger chain posted disappointing U.S. sales growth in the second quarter.

Texas Instruments Inc., up $5.20 to $71.42

The chipmaker's results were better than expected and it gave a strong outlook for the third quarter.

Las Vegas Sands Corp., up $2.82 to $50.62

The casino operator reported weak results but said there are signs its business is getting more stable in Macau.

United Technologies Corp., up $3.24 to $107.89

The profit and sales at the maker of elevators, jet engines and other machinery were better than expected and it raised the low end of its annual projections.

Celanese Corp., down $4.28 to $65.73

The chemical company's sales fell short of estimates.

Centene Corp., down $6.39 to $68.87

Investors were disappointed that the health insurer suggested it's not interested in making an acquisition.

Sirius XM Holdings Inc., up 20 cents to $4.35

The satellite radio company raised its guidance after reporting strong revenue and subscriber growth.


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(Copyright 2016 by The Associated Press. All Rights Reserved.)

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