Teva and Apple fall while Newmont Goldcorp and NextEra rise
Posted May 13, 2019 4:36 pm.
This article is more than 5 years old.
NEW YORK — Stocks that moved substantially or traded heavily on Monday:
Teva Pharmaceuticals Ltd., down $2.13 to $12.23
The company allegedly conspired with other generic drugmakers to inflate and manipulate prices, according to a lawsuit.
Apple Inc., down $11.46 to $185.72
The technology company stands to lose revenue as the U.S. and China escalate their ongoing trade war.
Bed Bath & Beyond Inc., down $4.22 to $67.10
The home goods retailer said CEO Steven Temares resigned from his position and the board of directors.
Colfax Corp., down 54 cents to $26.50
The manufacturing and engineering company is nearing a deal to sell its air and gas handling division, according to media reports.
Newmont Goldcorp Corp., up 76 cents to $30.91
The gold mining company and its peers made gains as gold prices ticked higher and the broader stock market slumped.
L Brands Inc., down $1.51 to $22.43
The owner of Victoria’s Secret is considering taking its annual fashion show off of network television, according to media reports.
NextEra Energy Inc., up $3.17 to $194.93
The utility company and many of its peers made gains after investors fled to safer holdings as the U.S.-China trade war escalates.
Deere & Co., down $9.77 to $146.28
The agricultural equipment maker could see its revenue suffer if demand slows because of the ongoing trade war between the U.S. and China.
The Associated Press
