Monday's Late Winners & Losers
Among the movers in Monday's very quiet and thinly traded late session were oil drillers
Transocean
(RIG) - Get Transocean Ltd (Switzerland) Report
and
GlobalSantaFe
(GSF)
.
Shares saw heavy postclose volume after the U.K.'s Office of Fair Trading cleared the merger-of-equals that the Houston-based companies agreed to earlier this year, having mollified certain of the regulators' antitrust concerns. The companies say they expect the merger to close Tuesday -- the originally scheduled date -- in light of the news.
Transocean shares were down 0.8% to $128.45. GlobalSantaFe lately ticked up 33 cents to $87.16.
Other after-hours winners included drugmaker
Bristol Myers Squibb
(BMY) - Get Bristol-Myers Squibb Company Report
, up 1.7% to $28.07; closeout retailer
TheStreet Recommends
Big Lots
(BIG) - Get Big Lots Inc. Report
, up 0.4% to $20.40; and real estate investment trust
Apartment Investment & Management
(AIV) - Get Apartment Investment and Management Company Report
, which added 2.8%.
The decliners included
Pharmacopeia
( PCOP), which slid 7.2% to $4.15; auctioneer
Sotheby's
, down 2.2% to $34.25; and clinical-research company
Kendle International
( KNDL) which was off 88 cents, or 2.1%, to $41.50.
