Treehouse Foods and Sony are big market movers
Jun 30, 2015, 1:30 PM
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Treehouse Foods Inc., up $6.89 to $81.03
The food and beverage company saw its shares rise after competitor ConAgra Foods Inc. said it would exit the private label business.
Willis Group Holdings PLC, up $1.50 to $46.90
The insurer will combine with financial services company Towers Watson & Co. in an all-stock deal worth about $18 billion.
Sony Corp., down $1.97 to $28.39
The electronics company will issue shares as part of a plan to raise $3.6 billion, partly to increase production of image sensors.
MBIA Inc., down 36 cents to $6.01
The financial guarantee insurance company’s shares continued to fall as Puerto Rico’s default on public debt looms larger.
Nasdaq
Juno Therapeutics Inc., up $7.03 to $53.33
The drug developer will get a $1 billion investment from Celgene in a deal to develop cancer and autoimmune disease treatments.
Apollo Education Group Inc., down $2.66 to $12.88
The for-profit education company’s third-quarter revenue fell short of forecasts and it lowered its outlook.
Schnitzer Steel Industries Inc., down $1.80 to $17.47
The recycler of scrap metal reported better-than-expected fiscal third-quarter earnings, but its revenue fell short of forecasts.
Signal Genetics Inc., up 71 cents to $2.19
The molecular genetics diagnostic company said it signed a deal with a drug developer for studies on multiple myeloma treatments.
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