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Archer Daniels Midland Company (NYSE: ADM) shares increased 1.12 percent to close at $38.66 a share Wednesday. The stock traded between $37.92 and $38.83 on volume of 8.80 million shares traded. Citi analyst David Driscoll has upgraded Archer Daniels Midland’s rating to "buy" from "neutral" as he expects “a big recovery year” for the company. Shares of Archer Daniels Midland are down approximately 10.0 percent year-to-date.
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CVS Caremark Corporation (NYSE: CVS) shares declined 1.01 percent to close at $65.44 a share last Wednesday. The stock traded between $64.95 and $66.00 on volume 10.09 million shares traded. The company announced that it will stop selling cigarettes and other tobacco products in its 7,600 stores nationwide by Oct.1st. Shares of CVS Caremark are down approximately 8.0 percent year-to-date.
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Myriad Genetics, Inc. (NASDAQ: MYGN) shares spiked 15.12 percent to close at $31.29 a share Wednesday. The stock traded between $29.10 and $32.60 on volume of 9.31 million shares traded. The company reported revenues were $204.1 million for the second quarter of 2014, an increase of 37.0 percent when compared to a year ago. Shares of Myriad Genetics are up approximately 45.0 percent year-to-date.
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Time Warner Inc. (NYSE: TWX) shares increased 1.11 percent to close at $63.09 a share Wednesday. The stock traded between $60.72 and $63.72 on volume 9.90 million shares traded. The company reported earnings of $983.0 million, or $1.06 per share, for the fourth quarter of 2013, a decrease of 12.0 percent when compared to a year ago. Shares of Time Warner have are down approximately 10.0 percent year-to-date.
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