Morgan Stanley and Alliance Data skid; Reynolds jumps


Save Story
Leer en español

Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

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

Reynolds American Inc., up $1.71 to $57.68

British American Tobacco said it will buy the rest of the cigarette maker for about $49 billion in cash and stock.

Morgan Stanley, down $1.66 to $42.15

Banks traded lower after Britain's government said it plans to make a clean break with the European Union.

Wal-Mart Stores Inc., up $1.29 to $68.42

The retailer said it will add about 10,000 retail jobs in the U.S.

NRG Energy Inc., up 74 cents to $15.34

Elliott Associates, the firm of activist investor Paul Singer, disclosed a 9.4 percent stake in the natural gas company.

Forward Pharma A/S, up $8.85 to $27.20

The company said Biogen will pay it $1.25 billion along with royalties on sales of some multiple sclerosis drugs.

Clayton Williams Energy Inc., up $41.27 to $145.25

The energy company said it will be acquired by Noble Energy for $2.7 billion in cash and stock.

Procter & Gamble Co., up $1.20 to $85.21

Household goods companies and other big dividend payers climbed Tuesday as bond yields fell.

Alliance Data Systems Corp., down $7.55 to $230

The manager of loyalty and rewards programs said card delinquencies grew in December.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast