Qualcomm and Michael Kors climb while Sprint and Schein skid
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
Qualcomm Inc., up 71 cents to $62.52
Broadcom made an unsolicited $103 billion offer for the rival chipmaker.
Sprint Corp., down 77 cents to $5.90
Wireless carriers Sprint and T-Mobile USA called off merger talks over the weekend.
Anthem Inc., up $4.50 to $216.30
The health insurer named UnitedHealth executive Gail Boudreaux as its next CEO.
Michael Kors Holdings Ltd., up $7 to $54.62
The luxury retailer raised its annual forecast after it made a strong quarterly report.
Henry Schein Inc., down $7.60 to $70.04
The health care products company cut its profit forecast for the year.
Advanced Micro Devices Inc., up 81 cents to $11.93
The chipmaker said it will work with Intel to make a new graphics processor unit.
Marvell Technology Group Ltd., up $1.69 to $20.20
The Wall Street Journal reported late Friday that the chipmaker may buy competitor Cavium.
Charter Communications Inc., up $12.97 to $348.40
The cable company’s stock continued to rise on reports Japan’s internet and solar company Softbank might buy it.