Kite Pharma and Valero rise while Expedia and Travelers sink

Markets Associated Press

Stocks that moved substantially or traded heavily Monday:

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Expedia Inc., down $6.73 to $142.53

The travel-booking site confirms that CEO Dara Khosrowshahi has been offered the top job at Uber.

Kite Pharma Inc., up $38.95 to $178.05

The cancer drug developer agreed to be bought by Gilead Sciences for $11.9 billion, or $180 a share.

Valero Energy Corp., up 75 cents to $68.42

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Refining companies jumped Monday as the effects of Tropical Storm Harvey boosted gasoline prices.

Anadarko Petroleum Corp., down $1.09 to $41.27

Oil rig and drilling companies declined as the storm affected their operations.

Travelers Cos., down $3.24 to $123.23

Insurance companies weakened as investors feared they will have to make big payouts because of Harvey.

Ixys Corp., up $6.45 to $22.40

The chipmaker agreed to be bought by circuit protection manufacturer Littelfuse for $23 a share, or about $750 million.

Standex International Corp., up $3.50 to $95.40

The equipment maker had a stronger fiscal fourth quarter than analysts expected.

AngloGold Ashanti Ltd., up 54 cents to $9.48

Gold producers climbed as the price of gold reached its highest price in 2017.