Apple, Office Depot, LDK Solar are market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
Office Depot Inc., up 13 cents at $2.60
Investment firm Starboard Value said it bought a 13.3 percent stake in the office supply retailer, becoming its largest shareholder.
Waste Connections Inc., up $3.14 at $32.81
The solid waste services company said it is buying R360 Environmental Solutions, a waste treatment firm, for about $1.3 billion.
LDK Solar Co. Ltd., down 4 cents at $1.20
The solar equipment maker's second-quarter loss widened, hurt by a drop in the market price for polysilicon, solar cells and modules.
American Vanguard Corp., up $2.86 at $33.87
The agricultural products company said its board of directors declared a semiannual cash dividend of 7 cents per share.
Apple Inc., up $8.50 at $699.78
The company's shares reached an all-time high after it said preorders for its new iPhone 5 topped two million in 24 hours.
Bloomin' Brands Inc., up 65 cents at $15.05
A Jefferies analyst started coverage of the restaurant operator's stock with a "Buy" rating saying it may outperform rivals.
Complete Genomics Inc., up 35 cents at $3.02
Chinese genomics company BGI-Shenzhen said it will buy the maker of DNA-sequencing technology for about $113.1 million.
Iris International Inc., up $6.12 at $19.54
Health care manufacturer Danaher Corp. said it agreed to buy the medical test maker in a deal worth nearly $341 million.