QUICK LINKS:

Alere and Avanir are big market movers

Created: 09/15/2014 5:52 PM WNYT.com
By:

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

NYSE

Alere Inc., up $4.53 to $41.14

The health services company's former CEO, Ron Zwanziger, has been speaking with shareholders about making a buyout offer.

Terex Corp., down $2.23 to $32.47

The construction equipment maker cut its full-year profit outlook, citing a downturn in orders for the company's crane segment.

Molson Coors Brewing Co., up $4.20 to $76

The brewer's stock jumped amid news that the family-controlled brewer Heineken rejected a takeover bid by rival SABMiller.

Bankrate Inc., down $1.90 to $11.92

The financial information company announced the resignation of its chief financial officer as it faces a SEC investigation.

Nasdaq

Avanir Pharmaceuticals Inc., up $5.75 to $12.49

The drug developer reported positive study results for a potential treatment for agitation in patients with Alzheimer's disease.

Gilead Sciences Inc., down $2.67 to $100.99

The drug developer reached a deal with generic drug companies to produce a cheaper version of its hepatitis C drug Solvadi.

21Vianet Group Inc., up $1.59 to $21.46

The Internet data center services company's CEO issued a letter defending against accusations that the business is a Ponzi scheme.

NPS Pharmaceuticals Inc., down $5.41 cents to $27.29

An FDA advisory panel voted by a margin of 8 to 5 to recommend approval of the drug developer's hormone replacement therapy.

(Copyright 2014 by The Associated Press. All Rights Reserved.)

Albany

Overcast
56°
66° | 52°
  • Feels like: 56° F
  • Wind: SSE 3mph
  • Humidity: 72%