Credit Suisse, People's Bancorp fall; Boeing, Bluebird rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:

Boeing Co., up $5.65 to $250.52.

Southwest Airlines ordered 100 of the airplane maker's 737 MAX aircraft.

Credit Suisse Group AG, down $1.48 to $11.39.

The investment bank said it may have suffered a “highly significant” loss from a default by a U.S.-based hedge fund.

Allstate Corp., up up 77 cents to $116.80.

The insurer is selling its Allstate Life Insurance Company of New York unit to Wilton Re for $220 million.

Fly Leasing Ltd., up $3.64 to $16.89.

The aircraft leasing company is being bought by Carlyle Aviation.

Houghton Mifflin Harcourt Co. up $1.12 to $7.10.

The textbook publisher is selling its consumer books division to News Corp.'s HarperCollins Publishers for $349 million.

Bluebird bio Inc., up 96 cents to $30.94.

The Food and Drug Administration approved a cancer drug developed by the biotechnology company and partner Bristol-Myers Squibb.

Tencent Music Entertainment Group, up 24 cents to $20.34.

The China-based online music platform is buying back up to $1 billion of its stock.

Peoples Bancorp Inc., down $1.25 to $32.61.

The bank is buying Premier Financial Bancorp in a stock deal worth $292.3 million.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Allstate (ALL)
4.9836 of 5 stars
$169.50+0.8%2.17%37.42Moderate Buy$174.18
Houghton Mifflin Harcourt (HMHC)
0 of 5 stars
$21.03flatN/A13.06N/A
Credit Suisse Group (CS)
3.0618 of 5 stars
$0.89+0.5%5.62%1.37Buy$8.00
News (NWSA)
3.2002 of 5 stars
$24.48+0.0%0.82%61.20Buy$29.50
Boeing (BA)
3.8201 of 5 stars
$177.25-1.4%N/A-49.93Moderate Buy$222.41
bluebird bio (BLUE)
1.9097 of 5 stars
$1.03+14.2%N/A-1.39Hold$5.74
Tencent Music Entertainment Group (TME)
3.5016 of 5 stars
$13.54+0.3%N/A30.77Moderate Buy$11.63
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