Buffalo stocks rose this week, led by aircraft-parts maker Moog Inc. and General Motors Corp.
The Buffalo Bloomberg Stock Index rose 2.59, or 1.3 percent, to 206.76. Gainers outnumbered decliners 29 to 19 this week, while two stocks were unchanged. The index has risen 20 percent in the past year.
Moog, which makes motion-control components for aircraft, missiles and industrial machines, led the Buffalo index higher, gaining $5.45, or 16 percent, to $38.95. Shares of the Elma-based company have risen 34 percent this year.
General Motors rose $1.49 to $64.35 this week.
Astronics Corp., which makes lighting systems for commercial and military planes, gained $1.99 to $15.23.
Among decliners was drugstore chain Walgreen Co., which dropped $6.55 to $34.46 after it said fiscal third-quarter profit rose less than forecasts as consumers spend less on grills, sunglasses and other products.
M&T Bank Corp. lost $2.48, ending the week at $75.50.
The employee-weighted list of 50 companies with operations in the Buffalo region was developed with a base value of 100 as of Dec. 30, 1994. The index set a 52-week high of 208.54 on May 22, and a 52-week low of 160.20 July 14.