AK Steel and Spectrum Brands climb; Dean Foods slumps


Save Story

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 Information in the story may be outdated or superseded by additional information.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 Monday:

AK Steel Holding Corp., up 15 cents to $5.65

Steelmakers rose following reports the Trump administration is preparing to place steep tariffs on imported steel.

General Electric Co., up 16 cents to $14.65

The industrial company said it will cut its reported profits from the last two years and named three new board members.

Dean Foods Inc., down $1.32 to $8.81

The milk producer had a weak fourth quarter and its estimates for 2018 fell short of analyst expectations.

Spectrum Brands Inc., up 42 cents to $104.03

The maker of consumer products including Farberware and Kwikset agreed to be bought by HRG Group, its biggest shareholder.

Armstrong World Industries Inc., down $2.35 to $59.10

The ceiling and wall systems manufacturer reported weaker-than-expected sales and said costs increased.

Qualcomm Inc., up $3.66 to $66.98

The chipmaker said it made progress in recent talks with Broadcom about a possible deal.

D.R. Horton Inc., down 17 cents to $44.30

Homebuilders traded lower after the Commerce Department said sales of new homes dropped 7.8 percent in January.

MiMedx Group Inc., down 48 cents to $7.35

Bloomberg News reported that the Justice Department is investigating the possibility the biomaterials company overcharged the government.

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 This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

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 Notice.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button