Philips and MannKind are big market movers

Associated Press |

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:


Bank of New York Mellon Corp., up $1.25 to $37.48

The Wall Street Journal reported that activist investor Trian Fund Management has built a $1.05 billion stake in the bank.

Philips NV, up $1.29 to $31.76

The electronics company will combine its LED and automotive businesses into a stand-alone company, which could result in an IPO.

PPG Industries Inc., up $6.10 to $210.15

The paint and coatings maker is buying Consorcio Comex in a move to boost its presence in Mexico and Central America.

Palo Alto Networks Inc., up $2.64 to $83.85

A Morgan Stanley analyst boosted his price target for the network security company, partly citing expected billings growth.


MannKind Corp., up 96 cents to $10.96

The Food and Drug Administration approved the drug developer's Afrezza diabetes medication, which is an inhalable insulin.

Illumina Inc., up $5.84 to $178.54

The biotechnology company signed a deal that that will expand the use of its equipment for noninvasive prenatal testing in Europe.

Auxilium Pharmaceuticals Inc., down $1.20 to $20.06

Several law firms are investigating the terms of the drug developer's proposed all-stock sale to QLT Inc. worth about $345 million.

Dicerna Pharmaceuticals Inc., up $3.73 to $22.57

The drug developer reported promising preclinical study data for its developing treatment aimed at a rare inherited liver disorder.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Symbol Name Price Change % Volume
SKRJ Silk Road Entmt Inc 1.50 0.00 0.00 0


Emerging Growth

Naked Brand Group Inc

Naked Brand Group Inc through its wholly-owned subsidiary is engaged in manufacturing and selling of direct and wholesale men's undergarments to consumers and retailers.

Private Markets

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.

The Green Organic Dutchman

The Green Organic Dutchman Ltd. ("TGOD") produces farm grown, organic cannabis for medical use. The company grows its high quality organic cannabis in small batches using craft growing, all natural…