Gardner Denver rises while Restaurant Brands, Spotify fall
Stocks that moved substantially or traded heavily on Monday:
Gardner Denver Holdings Inc., up $4.50 to $32.55
The industrial machinery company is in talks to merge with a division of Ingersoll-Rand, according to media reports.
Occidental Petroleum Corp., down $1.18 to $60.13
Anadarko is resurrecting buyout talks with the oil company, setting up a bidding war with Chevron.
Armstrong World Industries Inc., down 59 cents to $87.15
The ceiling and wall systems maker reported first quarter revenue that was weaker than analysts anticipated.
Restaurant Brands International Inc., down 96 cents to $65.50
The operator of Burger King and Tim Hortons reported slower sales growth and its profit missed analysts' forecasts.
Momo Inc., down $2.51 to $34.36
The China-based social media company says its Tantan dating app was removed from mobile stores on government orders.
Spotify Technology SA, down 11 cents to $138.14
The music streaming app reported a sharper first quarter loss than analysts had forecast.
McDermott International Inc., down 66 cents to $8.92
The offshore drilling platforms company expects stronger results later this year and raised its profit forecast.
Bank of America Corp., up 42 cents to $30.77
The bank and its peers benefited from a government report showing a surge in consumer spending last month.