NEW YORK (AP) ? Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
United Parcel Service Inc., up $2.70 at $81.11
The delivery company said it will buy Netherlands-based TNT Express NV, an express mail delivery company, for $6.77 billion.
AboveNet Inc., up $9.49 at $83.74
Privately-held telecommunications company Zayo Group said that it will acquire the fiber-optic networks operator for $2.2 billion.
Citigroup Inc., up 48 cents at $37.17
The bank said it sold its 2.71 percent stake in Shanghai Pudong Development Bank for an after-tax gain of about $349 million.
LDK Solar Co. Inc., down 27 cents at $4.63
The Chinese solar panel maker cut the top end of its previous fourth-quarter sales forecast citing lower-than-expected shipments.
Sprint Nextel Corp., down 13 cents at $2.76
A Bernstein analyst downgraded the cellphone company noting that credit-default swaps imply a substantial risk of bankruptcy.
Nasdaq
Apple Inc., up $15.53 at $601.10
The iPad maker said that it will begin paying a quarterly dividend of $2.65 per share and will buy back $10 billion of its shares.
Dreamworks Animation SKG Inc., up 53 cents at $18.83
A Piper Jaffray analyst upgraded the movie studio’s shares saying that concerns about increased production costs may be overdone.
Adams Golf Inc., up 89 cents at $10.75
German sports apparel maker Adidas said that it reached a deal to buy the Texas-based Gulf club maker for about $70 million.