Merck and Chipotle are big market movers
NEW YORK (AP) - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Merck & Co., down 36 cents to $50.05
The drug developer reported a drop in fourth-quarter profit and revenue.
Chipotle Mexican Grill Inc., down $13.93 to $461.74
The fast-food chain reported continuing sales declines and said the scope of a federal criminal investigation has widened.
Syngenta AG, up $1.66 to $80.23
Chinese state-owned chemical maker China National Chemical Corp. offered to buy the herbicide and pesticide giant for $43 billion.
Lowe's Cos., down $4.45 to $67.42
The home improvement retailer is paying $2.3 billion to buy Rona and expand its footprint in Canada.
General Motors Co., down 73 cents to $28.92
The automaker reported revenue that fell shy of Wall Street forecasts.
Becton Dickinson and Co., down $3.97 to $141.08
The medical device maker reported revenue that fell short of forecasts.
Nasdaq
IAC/InterActive Corp., down $5.09 to $45.78
The website operator's results fell short of Wall Street forecasts.
Comcast Corp., up $3.25 to $57.84
The cable provider reported a boost in fourth-quarter profit and revenue.