Kohl's and Apple slump, Monsanto and Jack in the Box climb
May. 12, 2016
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market
Monsanto Co., up $7.58 to $97.92
News reports said German conglomerate Bayer might make an offer to buy the agribusiness giant.
Kohl's Corp., down $3.55 to $35.15
The department store said its sales dropped and its income was weighed down by high costs.
Party City Holdco Inc., up 30 cents to $13.45
The party supplies retailer and wholesaler reported a smaller-than-expected loss and maintained its projections for the year.
Infoblox Inc., up $3.73 to $19.04
According to news reports, a private equity firm offered to buy the data security company.
Apple Inc., down $2.17 to $90.34
Tech stocks moved lower as Apple slipped to its lowest price in two years.
CPI Card Group Inc., down $3.65 to $4.01
The payment card company said credit card companies aren't buying and issuing as many of the cards as expected.
Jack in the Box Inc., up $9.88 to $75.02
The burger chain reported strong results, including better sales at its Qdoba Mexican restaurants.
CA Inc., up $1.52 to $31.48
The IT management software maker reported strong fourth-quarter results and forecast a bigger-than-expected annual profit.