Citigroup and Mylan are big market moversJuly 14, 2014 @ 2:00 pm
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
Citigroup Inc. (C), up $1.42 to $48.42
The bank will pay roughly $7 billion to settle a federal probe into risky subprime mortgages, and it topped earnings expectations.
Kodiak Oil & Gas Corp. (KOG), up 68 cents to $14.91
The energy company, which has a key focus in the Williston Basin, agreed to sell itself to Whiting Petroleum in an all-stock deal.
URS Corp. (URS), up $6.38 to $58.40
The engineering and construction services company is being bought by engineering design firm AECOM Technology for $4 billion.
First Majestic Silver Corp. (AG), down 69 cents to $10.25
The silver mine operator reported an 18 percent boost in production at its mines in Mexico and marked a quarterly record.
Mylan Inc. (MYL), up $1.04 to $51.24
The generic drug developer will buy Abbott Laboratories' generics business outside the United States for about $5.3 billion.
Kandi Technologies Group Inc. (KNDI), up $3.92 to $18.64
The Chinese vehicle maker reported a more than doubling of sales of electric vehicles during the second quarter.
Harmonic Inc. (HLIT), down 98 cents to $6.15
The video delivery technology company lowered its second-quarter outlook, citing a global slowdown and delayed projects.
Riverbed Technology Inc. (RVBD), down $1.75 to $18.60
The network equipment maker cut its second-quarter revenue outlook, citing longer sales cycles on deals in North America.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
'Intentional & Dishonest'
Jason Rantz asks, why is SDOT minimizing the number of drivers coming into Seattle?
Danny O'Neil says Sunday's game isn't about the Raiders
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.