Monday's Winners & Losers: Atlas America

Updated from 1:57 p.m. EDT

Atlas America(ATLS Quote) was among the Nasdaq's winners Monday, as the drilling company's shares jumped 12% after it agreed to buy about $1.85 billion in natural gas assets from Anadarko(APC Quote).

"This purchase of Anadarko assets is the second major acquisition announcement for the Atlas companies in the last two weeks," Atlas said. As a result of the deal, Atlas now expects to distribute between $3.80 and $4 a share per limited partner during 2008. The deal is expected to close on or about July 11. Shares of Atlas America closed up $6.12 to $57.32. Anadarko shares were up $2.30, or 4.6%, to $51.95.

Krispy Kreme Doughnuts(KKD Quote) fell 6.7% after the doughnut chain posted a wider first-quarter loss. The company reported a loss of $7.4 million, or 12 cents a share, on revenue of $110.9 million. Results included a charge of $9.6 million and a credit of $14.9 million related to the settlement of class action litigation and a partial settlement of the shareholder derivative suit. Analysts polled by Thomson Financial expected a profit of 5 cents a share on revenue of $115.7 million. During the year-earlier period, the company posted a loss of $6 million, or 10 cents a share, on revenue of $119.4 million. Shares closed down 58 cents to $8.09. ...