ClubCorp and Freeport-McMoran jump; Abercrombie tumbles
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday:
Abercrombie & Fitch Co., down $2.57 to $9.59
The teen retailer said it has ended talks with potential buyers and doesn’t plan to sell itself.
ClubCorp Holdings Inc., up $3.95 to $17.05
Private equity firm Apollo Global Management agreed to buy the golf and country club operator for $1.1 billion.
Hawaiian Telcom Holdco Inc., up $4.43 to $28.87
The telecommunications services provider agreed to be bought by Cincinnati Bell for about $650 million.
Cerner Corp., down 40 cents to $65.34
The health care information technology company said co-founder and CEO Neal Patterson died of complications from cancer.
Buckle Inc., down 90 cents to $16.50
Smaller companies, especially retailers, took steep losses Monday.
Nvidia Corp., up $6.94 to $153.70
The chipmaker gained as tech stocks climbed.
Freeport-McMoRan Inc., up 62 cents to $12.52
Materials companies climbed in Monday trading as the dollar got stronger.
Valeant Pharmaceuticals International Inc., up 43 cents to $16.66
The Canadian drugmaker said it paid down $811 million in debt after selling a business.