Midday stock check: McKesson up, Sun down

Santa Clara-based Sun Microsystems Inc. (JAVA) had dipped in midday trading Wednesday by more than 3.2 percent, the largest drop among local stocks tracked by The Examiner. Mountain View-based Verisign Inc. (VRSN) also dropped by more than 2.4 percent.

San Francisco-based McKesson Corp. (MCK), which released a positive earnings report Tuesday, soared by more than 10.5 percent by midday Wednesday. San Jose-based SunPower Inc. (SPWR) also rose, showing a more than 4.3 percent increase by midday.

The markets were up overall, with the Dow Jones showing a more than 0.5 percent increase, the Nasdaq a more than 0.7 percent increase and the S&P 500 up more than 0.6 percent.

Local companies in the news include Santa Clara-based Intel Corp. (INTC) , which haslaunched a program training teachers and providing computers in Nigeria, according to the Associated Press. Oakland-based Clorox Co. (CLX) also announced plans to buy natural health and beauty product maker Burt’s Bees, according to Dow Jones newswires.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

SF speeds up testing for first responders as Sheriff’s Department is hit by coronavirus

Miyamoto rolls out daily temperature checks at jails, hospitals and courthouses

‘Outbreak’ expected at Laguna Honda Hospital after seven test positive for virus

The day after the first patient at Laguna Honda Hospital tested positive… Continue reading

Gov. Newsom orders statewide ban on evictions for renters affected by coronavirus

The measure prevents the evictions of renters over the nonpayment of rent through May 31

San Francisco 911 dispatcher tests positive for coronavirus

Union seeks additional testing for Call Center workers

Breed urges residents to ‘stay home’ as coronavirus cases reach 279

Multiple parking lots closed to discourage prohibited gatherings at beaches, parks

Most Read