AstraZeneca and AT&T are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
AstraZeneca PLC, down $10.41 to $71.05
Investors are not happy about the drugmaker's categorical rejection of a fattened, $119 billion takeover offer from Pfizer.
Campbell Soup Co., down $1.06 to $44.06
Despite heavily promoting its iconic soup brands, the foodmaker reported disappointing sales and cut its outlook for the year.
AT&T Inc., down 36 cents to $36.38
The telecommunications company will lay out $48.5 billion for DirecTV in a headfirst dive into Internet-delivered video.
Abbott Laboratories, up 57 cents to $39.63
Analysts are almost universally in support of the medical device maker's acquisition of CFR Pharmaceuticals for nearly $3 billion.
The Walt Disney Co., up 66 cents to $81.05
The entertainment company is near all-time highs as it hikes ticket prices at parks and "Frozen" opens to big crowds in Japan.
Nasdaq
Urban Outfitters Inc., down 4 cents to $36.17
There is growing optimism ahead of this quarter's earnings release and Webush named the retailer one of its top picks in the sector.
InterMune Inc., up $4.61 to $38.92
There's some buzz about a new study that could point to regulatory approval for the pharmaceutical company's treatment for lung disease.
Ryanair Holdings PLC, up $3.70 to $54.68
The first profit drop in five years was outshone by special dividend and what many see as conservative guidance from the airline.