XL Group, Treehouse Foods rise; Blue Apron, Dermira fall
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
XL Group Ltd., up $12.62 to $55.92
The insurance and reinsurance company agreed to be bought by French company AXA.
Qualcomm Inc., down 73 cents to $64.01
Broadcom’s bid to buy the company got more complicated as national security regulators started looking into the deal.
Blue Apron Holdings Inc., down 14 cents to $2.60
Walmart is expanding its meal kit offerings, a challenge to Blue Apron.
TreeHouse Foods Inc., up $1.56 to $41.06
The company named J.M. Smucker executive Steven Oakland as its next CEO, replacing Sam Reed, who will retire in July.
Dermira Inc., down $16.57 to $8.59
The company said an experimental acne treatment failed in two late-stage clinical studies.
Bunge Ltd., up $2.82 to $77.99
The Wall Street Journal reported that shareholder Continental Grain will press the commodity-trading company to consider a sale.
Canadian National Railway Co., down 49 cents to $74.80
The company announced that Luc Jobin is stepping down immediately as CEO.
Vericel Corp., up $3.50 to $11.85
The cell therapy company reported quarterly results that were better than analysts were expecting.