Valeant, Endo and Monster Worldwide surge; Gap slackens
NEW YORK (AP) - Stocks that moved substantially or traded heavily on Tuesday:
Valeant Pharmaceuticals International Inc., up $5.71 to $28.16
The beleaguered Canadian drugmaker reassured investors by backing its annual forecasts and saying it will make changes in its strategy.
Monster Worldwide Inc., up 73 cents to $3.50
The online job search firm agreed to be bought by Ranstad Holding for $3.40 per share, or about $303 million.
Gap Inc., down $1.61 to $24.01
The retailer's July sales were far weaker than investors expected.
Endo International PLC, up $3.97 to $22.16
The drug and health care company reported strong quarterly results, aided by an acquisition it made last year.
Delta Air Lines Inc., down 29 cents to $37.15
The airline's customers suffered through a second day of cancelations and delays stemming from a worldwide computer outage.
Impax Laboratories Inc., down $7.16 to $23.43
The drugmaker reported a surprise drop in revenue as stiff competition hurt its sales of key generic drugs.
Motorcar Parts of America Inc., up $4.52 to $32.92
The auto parts maker disclosed a larger profit than analysts expected.
Scripps Networks Interactive Inc., down $4.70 to $61.47
The owner of cable channels including HGTV and Food Network posted a strong profit as ratings and ad sales improved.