NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq stock market:
Baxalta Inc., up $2,14 to $41.17
Bloomberg News reported that Shire is in advanced talks to buy the biotechnology company for about $32 billion.
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Bank of America Corp., down 40 cents to $16.43
Fidelity Investments dropped the bank and American Express Co. as its credit card partners in favor of U.S. Bancorp and Visa Inc.
DR Horton Inc., down $1.64 to $30.39
The homebuilder’s stock slid as a Commerce Department report showed that U.S. construction fell in November for the first time in 17 months.
Berry Plastics Group Inc., down $1.56 to $34.62
U.S. manufacturing contracted in December amid a global slowdown, a bearish sign for the maker of plastic consumer packaging and materials.
Smith & Wesson Holding Corp., up $1.30 to $23.28
New data points to strong sales for gun makers at the close of 2015, a year marked by mass shootings in Paris and California, and new political pressure to tighten regulations.
Wynn Resorts Ltd., down 42 cents to $68.77
The casino and resort operator’s shares fell following a continued decline in gambling revenue in China’s Macau region.
Yahoo Inc., down $1.86 to $31.40
The New York Post reported that shareholder Starboard Value plans to nominate board members to the Internet company.
Alibaba Group Holding Ltd., down $4.58 to $76.69
The China-based online shopping company was caught in the downdraft as China’s main stock index plunged over weak manufacturing data.