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DR Horton and Smith & Wesson are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq stock market: NYSE Baxalta Inc., up $2,14 to $41.17 Bloomberg News reported that Shire is in advanced talks to buy the biotechnology company for about $32 billion. Bank of...

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

NYSE

Baxalta Inc., up $2,14 to $41.17

Bloomberg News reported that Shire is in advanced talks to buy the biotechnology company for about $32 billion.

Bank of America Corp., down 40 cents to $16.43

Fidelity Investments dropped the bank and American Express Co. as its credit card partners in favor of U.S. Bancorp and Visa Inc.

DR Horton Inc., down $1.64 to $30.39

The homebuilder's stock slid as a Commerce Department report showed that U.S. construction fell in November for the first time in 17 months.

Berry Plastics Group Inc., down $1.56 to $34.62

U.S. manufacturing contracted in December amid a global slowdown, a bearish sign for the maker of plastic consumer packaging and materials.

Nasdaq

Smith & Wesson Holding Corp., up $1.30 to $23.28

New data points to strong sales for gun makers at the close of 2015, a year marked by mass shootings in Paris and California, and new political pressure to tighten regulations.

Wynn Resorts Ltd., down 42 cents to $68.77

The casino and resort operator's shares fell following a continued decline in gambling revenue in China's Macau region.

Yahoo Inc., down $1.86 to $31.40

The New York Post reported that shareholder Starboard Value plans to nominate board members to the Internet company.

Alibaba Group Holding Ltd., down $4.58 to $76.69

The China-based online shopping company was caught in the downdraft as China's main stock index plunged over weak manufacturing data.

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