Johnson & Johnson, Xerox, Abbott Labs Big Movers

The Associated Press

NEW YORK (AP) — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange:

NYSE:

Johnson & Johnson, up 65 cents at $61.27

The health care giant is jumping into the vaccine business by taking an 18 percent stake in Dutch biotechnology company Crucell NV.

Accenture Ltd., up $1.77 at $37.89

A Wall Street analyst upgraded the consulting and outsourcing company to "Buy" and predicted improvement in its margins.

Xerox Corp., down $1.29 at $7.68

Xerox will buy Dallas-based outsourcer Affiliated Computer Services Inc. for $6.4 billion in cash and stock to broaden their offerings.

Abbott Laboratories, up $1.25 at $48.58

Abbott will pay $6.6 billion for the pharmaceutical business of Belgian chemicals maker Solvay in a move to expand internationally.

NASDAQ:

Steel Dynamics Inc., down 65 cents at $15.88

An analyst removed the shares of the steel producer from his firm's "Conviction Buy List" on concerns that selling prices could decline.

Cal-Maine Foods Inc., down 16 cents at $27.62

The Jackson, Miss.-based egg producer lost $3.8 million in its fiscal first quarter, weighed down by declining egg selling prices.

Applied Materials Inc., up 40 cents at $13.50

An analyst upgraded his recommendation on the stock based on "significant" upcoming orders for its solar modules production equipment.

Cisco Systems Inc., up 99 cents at $23.61

An analyst upgraded the networking equipment maker and said improved demand should lead to better-than-expected revenue.