Aug 15, 2016
LyondellBassell Industries, Transocean and Post Properties climb in U.S. trading, while Badger Meter skids
NEW YORK — Stocks that moved substantially or traded heavily on Monday:
Transocean Ltd., up 53 cents to $10.43
Energy companies rose as the price of oil continued to recover.
LyondellBassell Industries NV, up $2.16 to $77.49
Materials companies including chemicals makers logged the biggest gains on the market Monday.
Badger Meter Inc., down 94 cents to $70.16
The gas and water flow instrument company will split its stock and raise its dividend, but doesn't plan to sell itself.
Post Properties Inc., up $5.86 to $68.08
The real estate investment trust agreed to be bought by rival Mid-America Apartment Communities for about $3.9 billion in stock.
Xylem Inc., up $1.87 to $50.32
The water and wastewater treatment company said it will buy meter and technology company Sensus for $1.7 billion.
Toll Brothers Inc., up 89 cents to $28.86
Homebuilders traded higher after a survey showed the companies are feeling better about the state of the housing market.
Sysco Corp., down 3 cents to $52.18
The food distributor posted a larger profit than investors expected in its fiscal fourth quarter.
Level 3 Communications Inc., down 15 cents to $49.58
Traditionally safe investments like phone company stocks lagged the market on Monday.