Chevron, Medicines, Amicus, Arch Coal and Netflix are big market movers
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Chevron Corp., up 56 cents to $80.99
Oil stocks tracked the price of crude, which shook off early losses and rallied on a report of a June drop in U.S. production.
ArcelorMittal SA, down 17 cents to $7.88
Labor contracts are set to expire Tuesday for 30,000 American steelworkers.
Arch Coal Inc., up $1.10 to $9.31
The coal mining company is extending its private debt exchange offer, which had been set to expire Friday, to September 23.
Blyth Inc., up $3.05 to $5.97
The direct-to-consumer products and marketing company is being sold to asset manager The Carlyle Group for $98 million.
MagnaChip Semiconductor Corp., up 81 cents to $8.55
Hedge fund Pleasant Lake Partners is offering to buy the semiconductor company for a 30 percent premium, or about $345.7 million.
Nasdaq
The Medicines Co., up $7.36 to $41
The drugmaker and its partner Alnylam Pharmaceuticals Inc. reported upbeat results from an early stage cholesterol drug study.
Amicus Therapeutics Inc., down 49 cents to $14.38
The biotechnology company is buying Scioderm for $299 million and will gain a potential treatment for a genetic skin disorder.
Netflix Inc., down $2.60 to $115.03
The Internet television company lost cable network Epic as that company signed a multiyear subscription deal with rival Hulu.