Bank of America, AstraZeneca are big market movers

AP News
Posted: Apr 28, 2014 5:52 PM

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


Bank of America Corp., down $1 to $14.95

The bank suspended a dividend increase and stock buyback program after discovering an error in a financial report for the Federal Reserve.

AstraZeneca PLC, up $8.35 to $77.01

Pharmaceutical company Pfizer said it made another $100 billion offer to buy the drugmaker after being turned down twice.

Newmont Mining Corp., down $1.78 to $24.67

The gold and copper producer said that it is ending its merger talks with rival Barrick Gold Corp.


Charter Communications Inc., up $10.04 to $140.05

The cable company announced solid quarterly results and said it will buy 1.4 million customers and own part of a spinoff company from rival Comcast.

Furiex Pharmaceuticals Inc., up $22.90 to $103.05

Forest Laboratories said it will spend as much as $1.5 billion to buy the maker of gastrointestinal disease treatments.

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Michael Reagan Inc., down $3.90 to $54.10

The operator of one of China's most popular Web portals said it lost $79 million in the latest quarter due to higher expenses.

Zynga Inc., down 19 cents to $3.89

Shares of the maker of "Farmville" and other online games continued to fall after reporting a first-quarter loss last week.

Athersys Inc., down $1.40 to $1.33

The biotechnology company said a possible treatment for inflammatory bowel disease failed to show any benefit after eight weeks.