Xerox and Perrigo slide, while Tribune Publishing surges
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq stock market:
Perrigo Co., down $21.95 to $99.40
The Irish drugmaker cut its profit forecasts because of weak prices in Europe, and its CEO left the company.
First Data Corp., up 34 to $13.34
The electronic commerce and payment services provider reported a larger profit than expected.
Xerox Corp., down $1.49 to $9.68
The business services provider and copier company cut its profit estimate for the year after its first-quarter profit dropped 85 percent.
Tribune Publishing Co., up $3.98 to $11.50
Gannett, the owner of USA Today and other papers, offered to buy Tribune for $388 million.
PulteGroup Inc., down 24 cents to $18.81
The Commerce Department said sales of new homes fell for the third straight month in March, with sales in the West off more than 20 percent.
Laboratory Corp. of America, up $3.33 to $125.10
The medical laboratory operator's profit and revenue were stronger than analysts expected.
KKR & Co., down 45 cents to $14.49
The private equity firm reported a loss of about $330 million in the first quarter as its investments declined in value.
Halliburton Co., down 80 cents to $40.04
The oilfield services company said it will cut 6,000 more jobs and delayed its quarterly conference call.