Marathon Petroleum, Citi, GM Slip; Edison Int'l Rises

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Source:   —  April 16, 2016, at 3:48 AM

Regions Financial Corp., up twenty-six cents to $8.74 The Regions Bank holding company reported a bigger profit and greater sales than expected. Marathon Petroleum Corp., down $1.52 to $37.90 Energy companies took losses as the price of oil fell.

Stocks that moved substantially or traded heavily Friday on the NY Stock Exchange and the Nasdaq stock market:

NYSE

Citigroup Inc., down six cents to $44.92

The bank'south profit shrank twenty-seven in the first quarter, but its net income and income were greater than expected.

Regions Financial Corp., up twenty-six cents to $8.74

The Regions Bank holding company reported a bigger profit and greater sales than expected.

Marathon Petroleum Corp., down $one.52 to $37.90

Energy companies took losses as the price of oil fell.

Common Motors Co., down sixteen cents to $30.56

The company is recalling 1 million Chevrolet Silverado and GMC Sierra pickup trucks because of possible seatbelt problems.

Edison International, up $1.02 to $71.06

Utilities traded higher as bond prices rose. Investors are drawn to their relatively high dividend payouts because rising bond prices are lowering the yields investors can earn from bonds.

Newmont Mining Corp., up sixty-nine cents to $29.37

Mining and metals companies rose as gold and silver prices increased.

Chipotle Mexican Grill Inc., up $13.28 to $469.29

The Mexican food chain, which has seen its stock plummet in the latest six months, continued a modest recovery.

Nasdaq

PTC Therapeutics Inc., up $2.69 to $8.92

A British health advisory grouping recommended that PTC'south drug Translurna, which treats a scarce and lethal genetic disease, be approved for sale.

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