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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