Microsoft, Hershey, Arch Coal, Eastman Chemical are among big market movers FridayJuly 24th, 2009 Microsoft, Hershey, Arch Coal are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Hershey Co., down 83 cents at $40.97
An analyst upgraded the candy maker on renewed advertising and sales efforts, while another analyst downgraded it on its stock price. Arch Coal Inc., up $1.27 at $18.14
Arch Coal slumped to a second-quarter loss much larger than expected, citing a 20 percent drop in sales and production cutbacks.
MGM Mirage, Monsanto, Boeing, Oracle, Rite Aid are among big market movers WednesdayJune 24th, 2009 MGM Mirage, Monsanto, Boeing are big movers
NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
MGM Mirage, up 85 cents at $6.69
The casino operator said an amendment to a credit agreement has erased doubts about its near-term ability to continue operating. Monsanto Co., down $3.14 at $76.16
The world's biggest seed maker said its third-quarter profit fell 14 percent and disclosed plans to cut 900 jobs.
American Express, Adobe, General Mills, Warner Music Group are among big market moversSeptember 16th, 2009 American Express, Adobe, General Mills big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American Express Co., up $1.19 at $35.84
Analysts concluded that industry data shows the company is positioned to best recover from recent high defaults and delinquencies. Warner Music Group Corp., up 33 cents at $4.87
An analyst upgraded the recording company and applauded its decision to tap capital markets for permanent financing.
Alinghi launches catamarans on Lake Geneva to begin training for America's CupApril 30th, 2009 Alinghi launches 35-foot cats for Cup trainingAmerica's Cup champion Alinghi of Switzerland has launched two 35-foot catamarans on Lake Geneva and will begin training for its showdown with American challenger BMW Oracle Racing next year. American Ed Baird will helm one of the catamarans while Alinghi boss Ernesto Bertarelli, a biotech tycoon with extensive experience sailing multihulls, will steer the other.
Summary Box: EU applies brakes to Oracle-Sun deal on questions about database marketSeptember 3rd, 2009 Summary Box: EU applies brakes to Oracle-Sun dealSLOW DOWN: European Union regulators are launching a formal antitrust investigation into Oracle Corp.'s proposed $7.4 billion takeover of Sun Microsystems Inc. Oracle expected to complete the acquisition this summer, but European regulators now have until Jan.
CIT Group, Pfizer, Microsoft, Ford, Honeywell, American Express are big market movers FridayApril 24th, 2009 CIT Group, Pfizer, Microsoft, Ford big movers
NEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
CIT Group Inc., down 32 cents at $2.46
Shares tumbled after multiple analysts cut their ratings on the diversified lender a day after it reported a wider-than-expected first-quarter loss. Mohawk Industries Inc., up $11.18 at $49
The floor covering maker's stock soared after it reported strong first-quarter results and gave an earnings outlook above analysts' average forecast.
CIT Group, Chevron, AIG, Shaw Group, Yahoo are among big market movers FridayJuly 10th, 2009 CIT Group, Chevron, AIG are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
CIT Group Inc., down 33 cents at $1.53
Analysts said the commercial lender is facing a liquidity crisis if the government chooses not to give federal backing for its bonds. Chevron Corp., down $1.68 at $61.40
The oil company said its second quarter results will likely be much lower than last year as refining margins tumbled in the U.S.
Dell, Intel, Tiffany, AIG, Marvell Technology, E-Trade are among big market movers FridayAugust 28th, 2009 Dell, Intel, Tiffany, AIG are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:
NYSE:
J. Crew Group Inc., up $1.97 at $34.73
The clothing retailer
Oracle, Sun link up for new database machine; in doing so, Oracle snubs HPSeptember 15th, 2009 Oracle, Sun link up for new product; HP snubbedSAN FRANCISCO — With the fate of its proposed $7.4 billion takeover of Sun Microsystems Inc. uncertain amid antitrust scrutiny, Oracle Corp.
Swiss pick Persian Gulf port Ras al-Khaimah for America's Cup showdownAugust 5th, 2009 Swiss pick UAE's Ras al-Khaimah for America's CupDefending America's Cup champion Alinghi of Switzerland has chosen the Persian Gulf port of Ras al-Khaimah, United Arab Emirates, for its best-of-3 showdown against bitter American rival BMW Oracle Racing. In a news release obtained by The Associated Press, Alinghi officials said they chose the little-known city-state for its "perfect weather and great sailing conditions." The Swiss planned a formal announcement later Wednesday morning.
CarMax, E-Trade, Microsoft, Research in Motion are among big market movers FridayJune 20th, 2009 CarMax, E-Trade, Microsoft are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
CarMax Inc., up $2.22 at $15.31
Sales tumbled and its auto financing division posted a loss, but the auto retailer's CEO said traffic rose and sales execution improved. Sealy Corp., up 40 cents at $2.20
An analyst upgraded the mattress maker after it previewed second quarter results for investors ahead of its June 30 earnings report.
CIT Group, Goldman Sachs, Microsoft, Intrepid Potash are among big market movers MondayJuly 13th, 2009 CIT Group, Goldman Sachs, Microsoft are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
CIT Group Inc., down 18 cents at $1.35
Despite indications of government support, shares of the troubled lender sank as talks with regulators on help raising capital continued. Goldman Sachs Group Inc., up $7.57 at $149.44
Analyst Meredith Whitney, famous for her pessimistic calls, upgraded the investment bank to a "buy" a day before its earnings release.
Tuesday market movers: Texas Instruments, Ceradyne, Quiksilver, Marvell Technology June 9th, 2009 Texas Instruments, Ceradyne are big movers
NEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Texas Instruments Inc., up $1.25 at $21.02
The chip maker hiked its profit and sales guidance for the quarter ending in June, signalling a rebound for the semiconductor sector. Quiksilver Inc., down 71 cents at $2.91
The outdoor apparel company swung to a second-quarter profit, but a weak outlook and expensive new loan facilities worried analysts.
Nucleus Software enters Mexican marketJune 16th, 2009 BANGALORE - Nucleus Software Exports Ltd has tied up with Mexican consulting and distribution firm Praxis to market its software products in the Latin American country, the leading IT products firm said Tuesday. As our channel partner, Praxis will distribute our software products in the banking, insurance and financial services (BFSI) sector in the Mexican market and enable us to strengthen our presence in Latin America, Nucleus global sales head Niraj Vedwa said in a statement.
What floats your boat? America's cup champ asks the BMW contenderMay 4th, 2009 America's Cup champ seek challenger's boat details
America's Cup champion Alinghi of Switzerland is asking a New York court to disqualify American syndicate BMW Oracle Racing as Challenger of Record if it doesn't provide details about its 90-foot trimaran within 30 days. San Francisco's Golden Gate Yacht Club, which backs BMW Oracle Racing, has been ordered to tell the Supreme Court of the State of New York at a hearing on May 14 why it hasn't provided Alinghi with a Custom House registry.