Trillium, Analog Devices rise: General Motors, Lennar fall

Aug 23, 2021, 1:40 PM | Updated: 3:26 pm

Stocks that traded heavily or had substantial price changes Monday:

Pfizer Inc., up $1.21 to $49.93.

The Food and Drug Administration gave full approval to the COVID-19 vaccine the company developed with BioNTech.

Trillium Therapeutics Inc., up $11.50 to $17.59.

The developer of cancer treatments agreed to be acquired by Pfizer for more than $2 billion in cash.

DoorDash Inc., down $1 to $183.08.

A California judge struck down a ballot measure exempting app-based delivery and ride-hailing services from a law requiring drivers to be classified as employees.

General Motors Co., down 62 cents to $48.18.

The automaker is recalling all Chevrolet Bolt electric vehicles worldwide to fix a battery problem that could cause fires.

Madison Square Garden Entertainment Corp., up $10.12 to $72.55.

The company reported revenue that was higher than analysts were expecting as its venues resumed hosting live events.

Analog Devices Inc., up $2.99 to $169.63.

The chipmaker received antitrust clearance from Chinese regulators for its combination with Maxim Integrated Products.

Occidental Petroleum Corp., up $1.52 to $23.47.

Energy companies were broadly higher as crude oil prices regained some of the ground lost in recent days.

Lennar Corp., down 87 cents to $104.45.

Homebuilders were lower following a report that sales of previously occupied homes rose at a more moderate pace in July from a year ago.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Associated Press

This Week: Disney earnings, unemployment, consumer sentiment

A look at some of the key business events and economic indicators upcoming this week: Disney reports earnings Entertainment giant Walt Disney Co. will report its latest financial results on Wednesday. Analysts polled by FactSet expect the company to report a drop in profit during its fiscal first quarter following a disappointing round of results […]
23 hours ago
FILE - Farmers plant rice using rice seedling transplanter at Chongsan Cooperative Farm in Kangso D...
Associated Press

North Korea party meeting set to discuss ‘urgent’ food issue

SEOUL, South Korea (AP) — North Korea has scheduled a major political conference to discuss the “urgent task” of improving its agricultural sector, a possible sign of worsening food insecurity as the country’s economic isolation deepens amid a defiant nuclear weapons push. North Korea’s official Korean Central News Agency said Monday that members of the […]
23 hours ago
Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seo...
Associated Press

Asian stocks sink after US jobs data fan rate hike fears

BEIJING (AP) — Asian stock markets sank Monday after strong U.S. jobs data fanned fears of more interest rate hikes to cool inflation. Shanghai, Hong Kong and Seoul retreated. Tokyo gained. Oil prices edged higher. Wall Street wilted Friday after official data showed U.S. employers hired twice as many people in January as the previous […]
23 hours ago
FILE - Eggs are displayed on store shelves at a local grocery store in Chandler, Ariz., Jan. 21, 20...
Associated Press

FACT FOCUS: Egg shortage breeds chicken-feed conspiracies

Social media users claim to have found a new culprit for sky-high egg prices: chicken feed. The theory gained steam on Facebook, TikTok and Twitter in recent weeks, with some users reporting that their hens stopped laying eggs and speculating that common chicken feed products were the cause. Some went a step further to suggest […]
23 hours ago
Associated Press

Ransomware attacks in Europe target old VMware, agencies say

ROME (AP) — Cybersecurity agencies in Europe are warning of ransomware attacks exploiting a 2-year-old computer bug as Italy experienced widespread internet outages. The Italian premier’s office said Sunday night the attacks affecting computer systems in the country involved “ransomware already in circulation” in a product made by cloud technology provider VMware. A Friday technical […]
23 hours ago
FILE - A fuel trucks drives along a highway in Frankfurt, Germany, Jan. 27, 2023. European Union go...
Associated Press

Europe bans Russian diesel, other oil products over Ukraine

The new sanctions create uncertainty about prices as the 27-nation European Union finds new supplies of diesel from the U.S., Middle East and India.
23 hours ago

Sponsored Articles

...
Quantum Fiber

Stream 4K and more with powerful, high-speed fiber internet

Picking which streaming services to subscribe to are difficult choices, and there is no room for internet that cannot handle increased demands.
...
Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.
...
Children’s Cancer Network

Children’s Cancer Network celebrates cancer-fighting superheroes, raises funds during September’s Childhood Cancer Awareness Month

Jace Hyduchak was like most other kids in his kindergarten class: He loved to play basketball, dress up like his favorite superheroes and jump as high as his pint-sized body would take him on his backyard trampoline.
Trillium, Analog Devices rise: General Motors, Lennar fall