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Apache Corporation (NYSE: APA) shares declined 1.80 percent to close at $83.65 a share Wednesday. The stock traded between $82.59 and $84.75 on volume of 4.32 million shares traded. Deutsche Bank analysts have recently downgraded the company’s rating to "hold" from "buy". Shares of Apache are down approximately 3.0 percent year-to-date.
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Intuitive Surgical, Inc. (NASDAQ: ISRG) shares dropped 6.78 percent to close at $456.64 a share Wednesday. The stock traded between $439.02 and $461.92 on volume 2.62 million shares traded. The company announced that revenues for the first quarter of 2014 are expected to be roughly $465.0 million a decrease of 24.0 percent year-over-year. Shares of Intuitive Surgical are up approximately 19.0 percent year-to-date.
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The Procter & Gamble Company (NYSE:PG) shares increased 0.17 percent to close at $81.49 a share Wednesday. The stock traded between $81.32 and $82.24 on volume of 11.55 million shares traded. The company announced that Mars, Inc. has agreed to purchase its IAMS®, EUKANUBA®, and NATURA® brands for $2.9 billion in cash. Shares of Procter & Gamble are up approximately 0.10 percent year-to-date.
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Constellation Brands, Inc. (NYSE: STZ) shares declined 1.03 percent to close at $80.64 a share Wednesday. The stock traded between $77.66 and $85.40 on volume 6.80 million shares traded. The company reported a net income of $157.2 million, or $0.79 a share, for the fourth quarter of fiscal 2014, which was above the consensus estimate of $0.76 a share. Shares of Constellation Brands are up approximately 15.0 percent year-to-date.
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