Thursday, April 25, 2024
Advertisement
  1. You Are At:
  2. News
  3. Ap
  4. Red Hat, GM and US Bancorp jump while First Data skids

Red Hat, GM and US Bancorp jump while First Data skids

Red Hat, General Motors and U.S. Bancorp jump while First Data skids

AP Reported by: AP Published on: October 30, 2018 3:00 IST
Red Hat, GM and US Bancorp jump while First Data skids
Image Source : AP Red Hat, GM and US Bancorp jump while First Data skids

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:

Red Hat Inc., up $52.95 to $169.63

The open source software company agreed to be acquired by IBM for $34 billion in stock.

General Motors Co., up 48 cents to $33.13

Bloomberg News reported that regulators in China proposed cutting the country's tax on imported cars.

Anadarko Petroleum Corp., down $2.97 to $55.87

The stocks of energy companies stumbled as energy prices fell.

Denbury Resources Inc., down $1.03 to $3.32

The oil and gas company agreed to acquire Penn Virginia Corp. for $1.7 billion in cash and stock.

First Data Corp., down $3.59 to $18.01

The e-commerce and payment services company posted a smaller profit and weaker sales than analysts expected.

Tower Semiconductor Ltd., down $3.77 to $13.98

The chipmaker's sales fell short of Wall Street forecasts.

U.S. Bancorp, up 65 cents to $51.56

Bank stocks made larger gains than the broader market on Monday.

Eni SpA, up 13 cents to $34.63

Italian stocks climbed after Standard & Poor's lowered its outlook on Italian debt but didn't cut its credit rating.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Ap

Advertisement
Advertisement
Advertisement
Advertisement