Amgen and Sysco rise while Viacom and Bank of America fallThe Associated Press — By The Associated Press
Stocks that moved substantially or traded heavily on Monday:
Amgen Inc., up $9.53 to $205.78
The biotechnology company said a U.S. district court ruled in its favor in a patent dispute involving the arthritis drug Enbrel.
Sysco Corp., up $2.20 to $72.19
The food distributor reported a fourth quarter profit that beat Wall Street forecasts.
Viacom Inc., down $1.48 to $28.53
The entertainment company and CBS are close to a merger deal, according to media reports.
Rite Aid Corp., down 17 cents to $7.02
The struggling drugstore chain named former insurance executive Heyward Donigan as its new CEO.
ABB Ltd., up 44 cents to $18.50
The robotics and engineering company is bringing in Sandvik's Bjorn Rosengren as its new CEO.
Twin River Worldwide Holdings Inc., down $2.56 to $20.85
The casino operator's second quarter profit and revenue fell short of Wall Street forecasts.
Barrick Gold Corp., down 17 cents to $17.97
The gold mining company reported a 27% surge in gold production during the second quarter and met Wall Street's profit forecast.
Bank of America Corp., down 69 cents to $27.64
Bond yields, which banks rely on to charge interest on loans and help drive profit, fell broadly.