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Genuine Parts, Outfront Media climb; Sprint, AZZ fall

September 25, 2017 05:54 PM

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

Genuine Parts Co., up $5.24 to $93.22

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The company said it would buy Alliance Automotive Group, a European distributor of auto parts, tools and workshop equipment.

Target Corp., down 44 cents to $58.55

The retailer said it will raise the minimum hourly wage for its workers to $11 starting next month and then to $15 by the end of 2020.

Outfront Media Inc., up $3.22 to $24.26

The company announced it has been recommended to be awarded concessions for advertising on New York City's mass transit platforms.

AZZ Inc., down $3.70 to $47.25

The welding and engineering company lowered its full-year earnings estimates because of the impacts of Hurricanes Harvey and Irma.

Sprint Corp., down 70 cents to $7.82

Bloomberg News reported that Sprint's largest shareholder, Japan's Softbank, didn't expect much of a premium in selling the company.

General Electric Co., up 24 cents to $25.11

The company sold its electrification services unit to ABB, a Swiss robotics and industrial machinery maker.

Nvidia Inc., down $8 to $171

Technology stocks fell more than the rest of the market. Tech is still the best-performing sector in the market this year.

Apache Corp., up $1.49 to $45.06

Energy companies rose along with the price of crude oil.

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(Copyright 2017 by The Associated Press. All Rights Reserved.)

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