By Liz Moyer
Investing.com — Stocks were falling on Monday as investors feared a strong jobs report would encourage the Federal Reserve to continue raising interest rates. Here are the midday movers for Feb. 6.
- Catalent Inc (NYSE:) shares were nearly 20% higher after a report that sciences firm Danaher was interested in making a bid for the contract drug maker. Danaher Corporation (NYSE:) stock fell 2%.
- Newmont Corp (NYSE:) shares fell 4.8% after it bid $17 billion for Australian gold mining firm Newcrest. Shares of Newcrest Mining (OTC:) were trading up 12.6%.
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Dell Technologies Inc (NYSE:) shares fell 3.7% after the tech company said it would cut 5% of its jobs amid a global slowdown in PC demand.
- Tyson Foods Inc (NYSE:) stock fell 4.7% after the chicken and meat producer worse-than-expected earnings and missed estimates as higher food prices force householders to cut back on meat consumption.
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Energizer Holdings Inc (NYSE:) stock fell 6.7% after the battery maker said sales fell from the same period last year and it missed expectations for its most recent .
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