Amgen and PHV rise while Alphabet and Centene slip
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday:
Cypress Semiconductor Corp., up $4.25 to $22.07
German chipmaker Infineon is buying the company for more than $10 billion in cash.
Centene Corp., down $5.93 to $51.82
Humana said it will not make a proposal to buy the health insurance company, which is in the process of buying rival WellCare.
Amgen Inc., up $5.66 to $172.36
The biotechnology company reported encouraging results from an early study of a potential cancer treatment.
El Paso Electric Co., up $7.88 to $66.08
Infrastructure Investments Fund will pay $2.78 billion to buy the utility, which operates in Texas and New Mexico.
Alphabet Inc., down $67.40 to $1,036.23
The Justice Department is preparing a new antitrust investigation into Google, according to media reports.
Nektar Therapeutics Inc., up $2.74 to $34.06
The drug developer reported solid results from an ongoing study of a potential cancer treatment.
Advanced Micro Devices Inc., up 17 cents to $27.58
The chipmaker made a deal with Samsung Electronics involving its graphics technology for mobile applications.
PVH Corp., up $2.53 to $87.72
The apparel company signed a deal with G-III Apparel Group to make and distribute Calvin Klein women’s jeans in the U.S. and Canada.