NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
Sears Holdings Corp., up $2.94 at $54.36
The department store chain is moving forward with plans to spin off its Hometown and Outlet stores into a seperate public company.
Tesoro Corp., up $3.37 at $38.87
The oil refiner is buying BP's refinery in Carson, Calif., and the oil company's other West Coast assets for $2.5 billion in cash.
Taro Pharmaceutical Industries Ltd., down $1.46 at $39.51
The drugmaker agreed to a sweetened $580.6 million buyout offer from Sun Pharmaceutical, paving the way for it to be taken private.
Campbell Soup Co., up $1.04 at $34.35
A Goldman Sachs analyst upgraded her rating on the soup seller to "Buy," citing the company's plans to turn its business around.
Ruby Tuesday Inc., up 27 cents at $6.72
The restaurant chain said that it named F. Lane Cardwell and Jeffrey O'Neill to its board. Both have restaurant industry experience.
Elan Corp. PLC, up 50 cents at $11.60
The drugmaker said it plans to spin off its discovery-science and neotope biosciences operations, creating two public companies.
Pervasive Software Inc., up $1.52 at $8.07
The data management company's rival, Actian, said that it wants to buy it in a deal worth about $139.4 million in cash.
Focus Media Holding Ltd., up $2.07 at $25.45
The digital media company said it received a proposal from a group of investors to take it private, valuing it at $3.49 billion.