Fastenal, Valvoline rise; Signet, Columbia Banking fall
NEW YORK (AP) —
Stocks that traded heavily or had substantial price changes Tuesday:
Fastenal Co., up $1.60 to $53.83.
The maker of industrial and construction fasteners reported solid third-quarter financial results.
Valvoline Inc., up $2.94 to $34.75.
The automotive and industrial lubricants maker is considering selling its retail services and global products businesses.
Columbia Banking System Inc., down $5.59 to $33.68.
Regional bank Umpqua Holdings is buying the bank holding company.
Matson Inc., up $6.90 to $89.57.
The container ship line gave investors an encouraging financial update.
General Motors Co., up 87 cents to $58.96.
LG Electronics has reached a deal to reimburse the automaker for the cost of recalling Chevrolet Bolt electric vehicles due to the risk of battery fires.
Franklin Resources Inc., down $1.05 to $28.89.
Investors were disappointed by the investment manager’s latest update on assets under management.
Signet Jewelers Ltd., down 43 cents to $81.62.
The jewelry retailer is buying Diamonds Direct USA.
A.O. Smith Corp., down 70 cents to $63.46.
The maker of water heaters and boilers increased its quarterly dividend.