Below are the main news driven share price changes at 10:41 a.m. in New York on Wednesday:
RISERS
Bank of America (NYSE:BAC) gained 1.6% to US$15.77 after it swung to a third-quarter profit. The lender saw its legal expenses decrease substantially, while investment banking fees and home loan originations increased.
BlackRock (NYSE:BLK) rose 2% to US$321.36 even as the world’s biggest money manager reported lower profit in its latest quarter as it generated lower fees in its exchange-traded fund business and faced a higher tax rate.
Delta Air Lines (NYSE:DAL) advanced 2% to US$48.70 after the air carrier reported a third-quarter profit beat as low fuel costs overpowered weakening fares in the U.S. and abroad.
TripAdvisor (NASDAQ:TRIP) surged 18.6% to US$79.12 after the online travel company announced an instant booking partnership with Priceline Group (NASDAQ:PCLN).
Dollar General (NYSE:DG) fluctuated and was last up less than 0.1% to US$68.04. The discount retailer said it is eliminating 255 corporate positions, including about 115 vacant jobs, as part of a restructuring plan aimed at cutting costs.
FALLERS
Wells Fargo (NYSE:WFC) slid 1.2% to US$51.22, despite the nation’s fourth-largest bank by assets revealing its third-quarter profit rose. The bank continues to deal with a low interest-rate environment.
CSX (NYSE:CSX) inched down 1.1% to US$27.41 even as the third-largest U.S. railroad reported a third-quarter profit that topped market expectations.
PNC Financial Services (NYSE:PNC) fell 1.3% as the company’s net interest margin fell unexpectedly during the third quarter.