Capital One, General Motors, Dish Network, Cigna among big market movers Monday
- Share via
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Capital One Financial Corp., down $4.24 at $27.10
The credit-card issuer is said it would sell 64.4 million in common shares to pay back $3.55 billion in government bailout funds.
Cigna Corp., down $2.25 at $21.43
The White House said a consortium of health care providers proposed to cut costs for Americans by $2 trillion over 10 years.
General Motors Corp., down 17 cents at $1.44
The automaker’s chief executive said the likelihood of a bankruptcy protection filing before a June 1 government deadline is growing.
Discover Financial Services, down 98 cents at $9.68
The Senate reached a compromise on lower interest rates for consumers, part of a bigger package of legislation aimed at reforming credit-card lending practices.
NASDAQ
D&E Communications Inc., up $3.50 at $10.25
Windstream Corp. is buying the Pennsylvania broadband company in a $159 million stock and cash deal expected to close later this year.
Superior Well Services Inc., down $2.92 at $12.33
Sinking drilling activity led to a first-quarter loss for the oil field services company, even as revenue rose from last year.
Dish Network Corp., up $2.61 at $17.92
Higher prices and lower costs pushed earnings of the country’s No. 2 satellite TV supplier higher, even as it lost subscribers.
DryShips Inc., down $1.21 at $6.79
The drybulk shipper last week announced its third equity offering in recent months, which it said could dilute its stock price.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.