Health Net and BP are big market movers
Jul 2, 2015, 1:31 PM
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Health Net Inc., up $6.51 to $71.57
The managed health care services company is being bought by Medicaid coverage provider Centene Corp. for about $6.3 billion.
BP PLC, up $2.02 to $41.29
The oil company will pay $18.7 billion in a settlement with several states to resolve years of litigation over the 2010 Gulf of Mexico oil spill.
Aeropostale Inc., up 15 cents to $1.79
The clothing and accessories company said it will expand further in Asia with new licensing deals in India and Indonesia.
Hewlett-Packard Co., up 17 cents to $30.69
The technology company is moving forward with plans to split into two companies, with one focusing on personal computers.
Nasdaq
Tesla Motors Inc., up $10.87 to $280.02
The electric vehicle maker reported a 52 percent increase in deliveries during the second quarter to set a company record.
Xoom Corp., up $4.35 to $25.05
The money-transfer provider is being bought by eBay’s PayPal unit for $890 million as part of an international expansion move.
Applied Genetic Technologies Corp., up $2.77 to $19.03
The biotechnology company is collaborating with Biogen Inc. to develop gene-based therapies for multiple eye conditions.
Chart Industries Inc., up $2.77 to $36.79
The maker of equipment for energy and biomedical industries completed its acquisition of vaporizer manufacturer Thermax Inc.
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