Health Net and BP are big market movers

AP News
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Posted: Jul 02, 2015 4:29 PM

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

NYSE

Health Net Inc., up $6.51 to $71.57

The managed health care services company is being bought by Medicaid coverage provider Centene Corp. for about $6.3 billion.

BP PLC, up $2.02 to $41.29

The oil company will pay $18.7 billion in a settlement with several states to resolve years of litigation over the 2010 Gulf of Mexico oil spill.

Aeropostale Inc., up 15 cents to $1.79

The clothing and accessories company said it will expand further in Asia with new licensing deals in India and Indonesia.

Hewlett-Packard Co., up 17 cents to $30.69

The technology company is moving forward with plans to split into two companies, with one focusing on personal computers.

Nasdaq

Tesla Motors Inc., up $10.87 to $280.02

The electric vehicle maker reported a 52 percent increase in deliveries during the second quarter to set a company record.

Xoom Corp., up $4.35 to $25.05

The money-transfer provider is being bought by eBay's PayPal unit for $890 million as part of an international expansion move.

Applied Genetic Technologies Corp., up $2.77 to $19.03

The biotechnology company is collaborating with Biogen Inc. to develop gene-based therapies for multiple eye conditions.

Chart Industries Inc., up $2.77 to $36.79

The maker of equipment for energy and biomedical industries completed its acquisition of vaporizer manufacturer Thermax Inc.