Constellation Brands and SunTrust Banks rise; Acuity skids

NEW YORK (AP) " Stocks that moved substantially or traded heavily on Wednesday:

Constellation Brands Inc., up $2.75 to $168.60

The beer and wine maker reported strong quarterly sales of brands like Corona and Modelo.

Acuity Brands Inc., down $12.01 to $242.99

The lighting maker said its profit and sales were hurt by a labor shortage and other problems.

SunTrust Banks Inc., up $1 to $45.73

Banks climbed as investors grew more hopeful that the Federal Reserve will raise interest rates in December.

Global Payments Inc., up $2.60 to $79.04

The payment processor raised its annual guidance after it reported strong quarterly results.

AngioDynamics Inc., down 83 cents to $16.47

The medical device maker, which has had a strong year, slipped after its latest quarterly report.

Schlumberger NV, up $1.61 to $80.15

Energy companies rose as the price of oil continued to increase and approached $50 a barrel.

Frontier Communications Corp., down 7 cents to $4.03

Phone companies and other big dividend payers traded lower as bond yields rose.

Ascena Retail Group Inc., up 27 cents to $5.87

The owner of Lane Bryant and Ann Taylor said it will restructure its business and cut costs.

This story has been automatically published from the Associated Press wire which uses US spellings

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter

SIGN UP NOW

© Copyright 2016, NZME. Publishing Limited

Assembled by: (static) on production bpcf03 at 07 Dec 2016 23:45:36 Processing Time: 364ms