AP NEWS

PG&E and Spectrum Brands fall while Resolute Energy rises

November 19, 2018

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

Resolute Energy Corp., up $4.21 to $34.70

Cimarex agreed to buy the energy company for $35 a share in cash and stock.

Colfax Corp., down $4.26 to $23.72

The technology company said it will buy orthopedic device maker DJO Global for $3.15 billion.

Spectrum Brands Holdings Inc., down $11.30 to $48.05

The consumer products company reported a smaller profit and weaker sales than analysts expected.

General Electric Co., down 18 cents to $7.48

The company said longtime executive John Rice will lead its gas power businesses.

Macerich Co., up 64 cents to $49.86

Real estate investment trusts and other high-dividend stocks did better than the rest of the market Monday.

PG&E Corp., down $1.14 to $23.26

The utility company disclosed that it had a power line failure near the start of a deadly California wildfire the morning the fire began.

JD.com, down $1.94 to $21.11

The Chinese e-commerce company’s quarterly sales disappointed analysts.

Adobe Inc., down $19.20 to $219.69

Technology companies again fell more than the rest of the market.

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