Business

Navistar, Bank of New York Mellon rise; Schlumberger falls

Posted October 16, 2020 4:21 p.m. EDT
Updated October 16, 2020 4:22 p.m. EDT

Stocks that moved heavily or traded substantially Friday:

Pfizer Inc., up $1.40 to $37.95.

The drugmaker's CEO said it can't request emergency authorization of its COVID-19 vaccine before the third week of November.

Boeing Co., up $3.11 to $167.35.

Europe’s aviation regulator is nearing a decision to allow the company’s 737 Max planes to resume flights, Bloomberg reported.

CIT Group Inc., up $5.26 to $25.

The New York-based bank agreed to be acquired by First Citizens BancShares Inc.

Navistar International Corp., up $8.10 to $43.52.

Volkwsagen's Traton truck unit agreed to acquire the rest of the truck maker for $44.50 a share in cash.

Bank of New York Mellon Corp., up 79 cents to $38.02.

The bank reported third-quarter results that came in ahead of analysts' forecasts.

V.F. Corp., down $1.92 to $75.82.

The maker of Vans footwear, whose stock has rallied in recent weeks, released an upbeat forecast for the rest of its fiscal year.

Schlumberger NV, down $1.45 to $14.97.

The giant oilfield services company's revenue fell short of what Wall Street analysts were expecting.

Citizens Financial Group Inc., down $1.29 to $26.61.

The bank's earnings for its latest quarter missed analysts' forecasts.

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