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.
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