A New York lender alleges in a lawsuit that it was cheated out of interest income because rates on loans tied to Libor were "artificially" depressed.
Shaw Group Inc. SHAW+55.45% shares rallied 55%. The engineering and construction company said Monday it will be acquired by CB&I CBI-14.15% in a cash and stock deal valued at about $3 billion. Read more on Shaw.
Acura Pharmaceuticals Inc. ACUR-36.36% shares sank 36% to $2. The firm said late Friday that Pfizer Inc. PFE-0.48% has terminated the license to three development-stage products using Acura’s technology.
Diebold Inc. DBD-9.11% shares dropped 9% after the firm’s results came in below analyst estimates. The company also lowered its full-year profit target. Read more on Diebold.
Software designer Citrix Systems CTXS-5.86% shares fell 6% in trading, among several tech stocks to see declines on Monday.
Salix Pharmaceuticals Ltd. SLXP-13.05% shares fell 13% and Progenics Pharmaceuticals Inc. PGNX-50.09% dropped 50% to $5.39. The companies said late Friday they received a U.S. Food and Drug Administration request for more clinical data on a proposed treatment for adult patients who become constipated from taking opioids for pain from disorders other than cancer.