ConAgra and HP are big market movers

AP News
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Posted: Nov 02, 2015 4:26 PM

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

NYSE

ConAgra Foods Inc., up 36 cents to $40.91

The packaged food company known for Chef Boyardee and Slim Jim is selling its private-label unit to TreeHouse for $2.7 billion

HP Inc., up $1.59 to $13.83

The former unit of Hewlett-Packard that focuses on products such as printers had its first day of trading as a separate company.

Chipotle Mexican Grill Inc., down $16.23 to $624

Health officials expect the number of people sickened by an E. coli outbreak linked to some Chipotle restaurants to grow.

The Clorox Co., up $3.76 to $125.70

The consumer products company reported better-than-expected fiscal first-quarter profit and revenue and an upbeat outlook.

Sprint Corp., up 12 cents to $4.85

The wireless communications carrier plans to slash spending in 2016 by up to $2.5 billion through a mix of cost cuts and layoffs.

Nasdaq

Dyax Corp., up $7.82 to $35.35

The biotechnology company focusing on rare genetic diseases is being bought by Shire in a deal worth an initial $5.9 billion

Constant Contact Inc., up $5.73 to $31.83

The digital marketing tools maker is being bought by online technology company Endurance International Group for $1.1 billion.

Towers Watson & Co., up $2.79 to $126.35

The human resources and risk management consultant reported better-than-expected fiscal first-quarter results.