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Technology

Integrated Device Tech and Casey’s climb; Yum China tumbles

By Associated Press

September 11, 2018 at 4:35 PM

NEW YORK — Stocks that moved substantially or traded heavily on Tuesday:

Integrated Device Technology Inc., up $4.48 to $46.56

The chipmaker agreed to be bought by Renesas Electronics for $49 a share, or $6.34 billion.

Yum China Holdings Inc., down $4.92 to $31.94

Bloomberg News reported that a Chinese consortium has decided to end its effort to buy the fast food company.

Sonos Inc., down $4.68 to $16.56

Shares in the wireless speaker company slumped after its first earnings report as a publicly traded company.

Casey’s General Stores Inc., up $7.99 to $124.78

The convenience store chain had a stronger first quarter than analysts expected.

MetLife Inc., down 38 cents to $45.21

Insurance companies slipped as Hurricane Florence moved toward the East Coast.

Home Depot Inc., up $3.16 to $213.85

Home improvement retailers rose as investors bet that damage from the storm might lead to a spike in sales later.

General Mills Inc., down 68 cents to $46.75

High-dividend stocks including household goods companies headed lower as bond yields increased.

Johnson Controls International PLC, down 80 cents to $37.60

Industrial companies gave back some of their recent gains as investors focused on trade tensions between the U.S. and China.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Technology

Integrated Device Tech and Casey’s climb; Yum China tumbles

By Associated Press

September 11, 2018 at 4:35 PM

NEW YORK — Stocks that moved substantially or traded heavily on Tuesday:

Integrated Device Technology Inc., up $4.48 to $46.56

The chipmaker agreed to be bought by Renesas Electronics for $49 a share, or $6.34 billion.

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