BUSINESS

Bristol-Myers, Oncothyreon are big market movers

Jun 1, 2015, 1:24 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Bristol-Myers Squibb Co., up $1.88 to $66.48

The drug developer presented promising data on a skin cancer treatment, along with a positive FDA regulatory announcement.

OMG Group Inc., up $7.50 to $34.04

The industrial company is being taken private in a sale to private-equity firm Apollo Global Management LLC for about $1 billion.

Textura Corp., up 80 cents to $29.91

The construction-services company received a letter from investor Northwater Capital and will consider its recommendations.

Taomee Holdings Ltd., up 51 cents to $3.50

The Chinese children’s entertainment and media company is being urged to go private by a group including its CEO and president.

Nasdaq

Oncothyreon Inc., up 54 cents to $3.96

The biotechnology company is moving ahead with development of a potential breast cancer drug after seeing encouraging results.

Altera Corp., up $2.83 to $51.68

Intel is buying the chip designer for about $16.7 billion in cash as the semiconductor industry continues its consolidation.

Immunogen Inc., up $6.46 to $15.44

The biotechnology company presented encouraging data for a potential ovarian cancer drug, which is still in early development.

SINA Corp., up $9.48 to $50.21

The Chinese online media company signed a deal with its CEO to receive a $456 million cash investment in exchange for stock.

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Bristol-Myers, Oncothyreon are big market movers