Stocks on the move Monday

New Century Financial, British Airways, Palm among sessions most actively traded.


NEW YORK (CNNMoney.com) -- Here are some of the companies whose shares were active in Monday trading:

Advanced Micro Devices (down $0.22 to $13.96, Charts) said Monday that it is unlikely to meet its previously estimated revenue guidance of $1.6 to $1.7 billion for the first quarter.

Barnes & Noble (down $3.79 to $36.33, Charts), the No. 1, bookseller announced earnings well below analysts' estimates Monday, sending the company's stock plunging.

British Airways' (down $6.25 to $96.25, Charts) stock price suffered in early London trading after a so-called "open skies" agreement was announced late Friday between the European Union and the United States that would create more competition on routes crucial to BA's earnings.

DaimlerChrysler Ag (down $0.51 to $66.19, Charts)'s U.S. division Chrysler is reportedly being considered by private equity firm Blackstone Group as a possible acquisition target, according to a weekend report in the Detroit News.

New Century Financial (down $8.34 to $6.31, Charts) announced Friday that prosecutors were investigating the subprime lender for both the trading of its stock and accounting errors related to how much the company set aside for loan losses.

Palm (down $1.15 to $17.15, Charts), the maker of the Treo smart phone, is working with investment bankers to explore its strategic options, according to a report Monday in the Wall Street Journal.

Research In Motion (up $0.06 to $136.03, Charts), the BlackBerry maker, announced early Monday that a review of stock options grants will cause it to restate its financial statements since fiscal 2004.

Polo Ralph Lauren Corp. (down $0.49 to $82.93, Charts) and Swiss luxury goods group Richemont announced a joint venture to distribute watches and jewelry through shops of the U.S. company.

----------------

Stocks cut opening losses Top of page

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.