Citigroup, Boeing and Barnes & Noble fall; Cognizant jumps

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

Cognizant Technology Solutions Corp., up $3.70 to $56.95

An activist investment firm disclosed a stake in Cognizant and pushed the company to make changes to boost its shares price.

Exelon Corp., up 81 cents to $33.39

Stocks of utility companies, which pay big dividends and are often compared to bonds, rose as bond yields fell.

Citigroup Inc., down $1.31 to $55.47

Banks traded lower on worries about the health of Italy's financial system.

Time Inc., up $2.40 to $16

The New York Post said a group including Edgar Bronfman Jr. offered to buy the publisher.

Boeing Co., down 27 cents to $149.77

A World Trade Organization panel said Washington state offered Boeing illegal tax breaks and said the government must end them.

Barnes & Noble Inc., down 30 cents to $12.65

The book retailer offered a 15 percent discount on all online orders for Monday.

Newmont Mining Co., up $1.53 to $33.45

Mining companies struggled as the price of gold traded under $1,200 an ounce for the first time since February.

Chemours Co., down 85 cents to $22.75

The former DuPont unit slipped after a 10-month rally that saw its stock rise from $3 to more than $20.

This story has been automatically published from the Associated Press wire which uses US spellings

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter

SIGN UP NOW

© Copyright 2016, NZME. Publishing Limited

Assembled by: (static) on production bpcf03 at 04 Dec 2016 11:58:48 Processing Time: 399ms