Johnson & Johnson, Abbott rise; Discover Financial, Equifax fall, Thursday, 7/20/2023

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday:

Johnson & Johnson, up $9.64 to $168.38.

The maker of baby powder and a wide range of healthcare and consumer products raised its profit forecast for the year.

International Business Machines Corp., up $2.90 to $138.38.

The technology and consulting company reported strong second-quarter earnings.

Discover Financial Services, down $19.40 to $102.45.

The financial services company reported weak second-quarter results.

Heritage-Crystal Clean Inc., up $4.66 to $46.60.

J.F. Lehman & Co. is buying the cleaning and waste management company for about $1.2 billion.

Abbott Laboratories, up $4.55 to $111.83.

The maker of infant formula, medical devices and drugs beat analysts’ second-quarter profit forecasts.

Equifax Inc., down $21.12 to $216.37.

The credit reporting company trimmed its profit forecast for the year.

ManpowerGroup Inc., down $6.50 to $82.35.

The staffing company gave investors a disappointing profit forecast for the current quarter.

The Travelers Cos., up $3.07 to $173.63.

The insurer reported strong second-quarter revenue and premiums.

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