Shares of



were among the


winners Monday, jumping 14% after the aluminum producer agreed to be acquired by

Hindalco Industries

for $3.6 billion in cash.

Novelis shareholders will receive $44.93 a share, representing a 17% premium over Friday's closing price of $38.54. Hindalco, which is part of India's Aditya Birla Group, will also assume about $2.4 billion in debt, bringing the deal's total value to about $6 billion. The acquisition is expected to close by the second quarter. Shares of Novelis were trading up $5.38 to $43.92.


( HYDL) climbed 14% after the maker of products for oil and gas drillers agreed to be acquired by


(TS) - Get Tenaris S.A. Sponsored ADR Report

for $2.16 billion. Tenaris agreed to pay $97 a share in cash, a 17% premium over Hydril's Friday closing price of $83.04. Tenaris will finance the deal through cash on hand and debt. Shares of Hydril were trading up $11.86 to $94.90; shares of Tenaris were down 42 cents to $46.51.


( LTR) rose 2% after the conglomerate's fourth-quarter earnings topped Wall Street's forecast. The company earned $746.5 million, or $1.11 a share, on revenue of $4.88 billion. Analysts polled by Thomson First Call expected earnings of 98 cents a share. A year earlier, the company earned $127.6 million, or 8 cents a share, on revenue of $4.11 billion. Shares were trading up 91 cents to $43.75.

Shares of


(VAL) - Get Valaris PLC Class A Report

declined 1.8% after the maker of paints and coatings reported lower-than-expected first-quarter earnings. For the quarter ended Jan. 26, Valspar earned $23.6 million, or 23 cents a share, up from $22.5 million, or 22 cents a share, a year earlier. Analysts, on average, projected earnings of 26 cents a share. Sales climbed to $694.5 million from $629.8 million, missing Wall Street's target of $696.8 million. Shares were trading down 50 cents to $27.66.


(CEM) - Get ClearBridge MLP and Midstream Fund Inc Report

shares fell 1.9% after the chemicals company posted disappointing fourth-quarter results. The company reported an adjusted loss of $3.3 million, or a penny a share, on revenue of $873.6 million. Wall Street expected a profit of 5 cents a share and revenue of $895.7 million. A year earlier, the company earned $8.6 million, or 4 cents a share, on revenue of $876.1 million. Shares were trading down 27 cents to $11.40.

NYSE volume leaders included Novelis;


(F) - Get Ford Motor Company Report

, down 11 cents to $8.62;

Home Depot

(HD) - Get Home Depot, Inc. (HD) Report

, up 48 cents to $41.48;


(CVX) - Get Chevron Corporation Report

, down 55 cents to $72.77;

TheStreet Recommends

Bristol-Myers Squibb

(BMY) - Get Bristol-Myers Squibb Company Report

, down $1.37 to $27.15;


( MOT), down 34 cents to $19.23;

General Motors

(GM) - Get General Motors Company (GM) Report

, down 10 cents to $36.11; and

General Electric

(GE) - Get General Electric Company (GE) Report

, up 26 cents to $35.79.


heavily traded stocks included

Onyx Pharmaceuticals


, up $6.89 to $19.15;


(MSFT) - Get Microsoft Corporation (MSFT) Report

, down 8 cents to $28.90;


(INTC) - Get Intel Corporation (INTC) Report

, down 19 cents to $20.84;

Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

, down 12 cents to $27.59;

Level 3 Communications


, down 6 cents to $6.12;

Sun Microsystems

(SUNW) - Get Sunworks, Inc. Report

, down 2 cents to $6.46; and


(AAPL) - Get Apple Inc. (AAPL) Report

, up 77 cents to $84.04.