News

Jarden, Atara, Trina Solar, Baker Hughes and SeaDrill are big market movers

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq stock market:

NYSE

Jarden Corp., up $1.41 to $54.09

Newell Rubbermaid is buying the rival consumer and household product company in a $13.2 billion cash-and-stock deal.

Trina Solar Ltd., up $1.11 to $10.66

The solar panel maker said it received a proposal from its CEO and Shanghai Xingsheng Equity to take the company private.

Cheniere Energy Inc., down $1.15 to $40.14

The energy company announced the departure of co-founder and CEO Charif Souki, two months after Carl Icahn boosted his stake.

Baker Hughes Inc., down $1.02 to $46.78

The deadline for regulatory review of the oilfield services company’s $34.6 billion sale to rival Halliburton is Tuesday.

SeaDrill Ltd., down 16 cents to $4

The offshore drilling contractor’s stock fell along with its peers as oil prices remain near nine-year lows.

The Dow Chemical Co., down $2.08 to $51.29

Activist investor Daniel Loeb wants the chemicals company’s CEO removed over a deal with DuPont, according to media reports.

Nasdaq

Micron Technology Inc., down 38 cents to $13.66

The semiconductor company will buy the remainder of chipmaker Inotera Memories that it already doesn’t own for $3.2 billion

Atara Biotherapeutics Inc., down $12.20 to $21

The biotechnology company ended development of a potential kidney drug after it failed to meet key goals in a mid-stage study.