AP NEWS

Kimberly-Clark and Marathon Oil post gains while Tesla falls

April 22, 2019

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

Kimberly-Clark Corp., up $6.70 to $130.25

The maker of Kleenex tissues and other consumer products reported a surge in profit that beat forecasts.

Marathon Oil Corp., up $1.16 to $18.78

The oil company and its peers are benefiting from a boost in crude prices driven by U.S. threats to block more Iranian oil exports.

Rent-A-Center Inc., up $1.53 to $22.90

The rental services company will receive $92.5 million as part of a settlement from its terminated merger deal with Vintage Capital Management.

Tesla Inc., down $10.51 to $262.75

The electric car maker is cutting its board of directors from 11 to seven members as CEO Elon Musk’s tweeting habits face scrutiny.

Medidata Solutions Inc., up $11.15 to $90.02

Dassault Systemes SE considers the software firm a potential buyout target, according to media reports.

KeyW Holding Corp., up $3.31 to $11.17

Jacobs Engineering Group is buying the cybersecurity company for about $563 million.

Intuitive Surgical Inc., down $37 to $491.06

The surgical robot maker’s first-quarter profit and revenue fell short of Wall Street forecasts.

W.W. Grainger Inc., down $16.97 to $291.21

The maintenance supplies company reported weak first quarter revenue that fell short of analysts’ forecasts.

All contents © copyright 2019 The Associated Press.All rights reserved.