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Macy's and Apollo Education rise, Freeport-McMoRan tumbles

NEW YORK (AP) — NYSE Macy's Inc., up $2.93 to $38.82 Activist investor Starboard Value is calling for the department store chain to split off its real estate assets into joint ventures. Baxalta Inc., down 91 cents to $39.10 After months of talks, drugmaker Shire agreed to buy the drugmaker in...

NEW YORK (AP) — NYSE

Macy's Inc., up $2.93 to $38.82

Activist investor Starboard Value is calling for the department store chain to split off its real estate assets into joint ventures.

Baxalta Inc., down 91 cents to $39.10

After months of talks, drugmaker Shire agreed to buy the drugmaker in a deal valued at $32 billion.

Freeport-McMoRan Inc., down $1.10 to $4.31

The copper producer's stock continued to nosedive as the price of the metal slumps.

HCA Holdings Inc., up $3.56 to $67.83

The hospital operator raised its forecast for a key profitability measure.

Nasdaq

Affymetrix Inc., up $4.75 to $13.96

The maker of equipment used to analyze genetic codes agreed to be acquired by Thermo Fisher Scientific Inc. for $1.3 billion.

Apollo Education Group Inc., down 21 cents to $6.38

The for-profit education company said it is exploring options that could lead to the sale of the company.

Celgene Corp., down $5.95 to $103.03

The biotechnology company's forecasts for 2015 and 2016 fell short of analysts' projections. It also named a new CEO.

McKesson Corp., down $18.84 to $163.55

The prescription drug distributor said weakening prices for generic drugs are hurting its business.

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