Exxon, Lockheed, Northrop, Delta, Mirati, Alnylam, SolarEdge, and More Stock Market Movers

Stocks declined Monday and oil prices jumped following Hamas’s surprise attack on Israel over the weekend. Bond markets in the U.S. were closed for Columbus Day.Exxon Mobil rose 3.7%, Chevron gained 3%, ConocoPhillips rose 4.2%, and U.S.-listed shares of Shell were up 1.7% after the jump in oil prices. Futures for West Texas Intermediate crude, the U.S. benchmark, were rising 4.3% to $86.34 a barrel. Traders were watching how the conflict affects oil production in the Middle East.

Separately, Lockheed ‘s board on Friday approved the expansion of Lockheed’s stock repurchase program by $6 billion, and the company raised its quarterly dividend to $3.15 a share from $3. Shares of Mirati Therapeutics fell 5% to $57.20 after the oncology developer reached an agreement to be acquired by Bristol Myers Squibb for $58 a share in cash. Mirati shares closed Friday at $60.20. Under terms of the deal, valued at up to $5.8 billion, Mirati stockholders also will receive one non-tradeable contingent value right per share, potentially worth $12 a share in cash. Bristol Myers rose 0.5%.

Alnylam Pharmaceuticals fell 9.6% after the company said it would no longer pursue an expanded indication for patisiran as a treatment for the cardiomyopathy of transthyretin-mediated amyloidosis after the Food and Drug Administration issued a so-called complete response letter.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stocks making the biggest moves premarket: Exxon Mobil, Lockheed Martin, Walt Disney and moreThese are the stocks posting the largest moves in early trading.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Exxon, Chevron, Mirati, Disney, Lockheed, and More Stock Market MoversExxon and Chevron shares rise after a surge in oil prices following the weekend attack on Israel from Hamas, Mirati Therapeutics stock falls after Bristol...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Israel war boosts Lockheed Martin, Northrup Grumman, other defense stocksNorthrop Grumman, Lockheed Martin and other defense stocks rose on speculation the attack on Israel by Hamas terrorists that left thousands dead will boost demand for weapons.
Fuente: FoxBusiness - 🏆 458. / 53 Leer más »

Surging aerospace and defense stocks lift these ETFs as investors monitor Israel-Hamas warThe iShares U.S. Aerospace & Defense ETF is climbing Monday as Lockheed Martin soars
Fuente: MarketWatch - 🏆 3. / 97 Leer más »