Hasbro and Axon slip while Fiat Chrysler and Jacobs climb
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
Hasbro Inc., down $3.03 to $95.01
The toymaker had a disappointing third quarter and said it will cut jobs as it deals with the effects of Toys R Us bankruptcy.
Bristol-Myers Squib Co., down $3.42 to $50.88
The company said regulators want three more months to review data from a potential lung cancer treatment regimen.
Jacobs Engineering Group Inc., up $4.93 to $77.21
The company agreed to sell its chemicals and resources business to WorleyParsons of Australia for $3.3 billion in cash and stock.
Fiat Chrysler Automobiles NV, up 58 cents to $16.09
The automaker agreed to sell its components business, Magneti Marelli, to Japan’s Calsonic Kansei for about $7 billion.
American Railcar Industries Inc., up $23.71 to $70
The company agreed to be bought by ITE Rail Fund for $70 a share, or $1.34 billion.
Axon Enterprise Inc., down 54 cents to $57.98
The New York Police Department suspended use of Axon’s Vievu LE-5 body camera after one device exploded.
Kimberly-Clark Corp., down $3.83 to $106.40
The Kleenex tissue maker said Thomas Falk will step down as CEO on Jan. 1 after 16 years.
KeyCorp, down 59 cents to $17.25
Banks took losses and underperformed the rest of the market Monday.