Comcast unveils 100 Mbps Internet speeds for businessesSeptember 9th, 2009 Comcast sets 100 Mbps Internet speeds for businessPHILADELPHIA — Comcast Corp. has begun offering Internet speeds of up to 100 Megabits per second for businesses, starting with the Twin Cities region.
Ford, Safeway, EMC, Fifth Third, eBay, SanDisk are among big market movers ThursdayJuly 23rd, 2009 Ford, Safeway, EMC, Fifth Third are big moversNEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Ford Motor Co., up 60 cents at $6.98
The country's No. 2 automaker posted an unexpected second-quarter $2.3 billion profit because of debt reductions and labor cost cuts.
Wells Fargo, Thermo Fisher, Hershey, eBay, Steve Madden are big market movers ThursdayApril 23rd, 2009 Wells Fargo, Thermo Fisher, Hershey big movers
NEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Wells Fargo & Co., up $1.91 at $20.09
Shares gained for a second day on the bank's growing market share and mortgage loan income, which boosted quarterly profit. Thermo Fisher Scientific Inc., down $2.80 at $32.39
The scientific instrument maker cuts its outlook for 2009 below Street expectations, saying business conditions haven't improved yet.
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:
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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.
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:
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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.
General Electric, Sony, Hartford and Akamai among big movers on stock market ThursdayJuly 31st, 2009 General Electric, Sony, Akamai among big moversNEW YORK — Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market. NYSE
General Electric Co., up 85 cents at $13.11
Goldman Sachs upgraded the industrial conglomerate to "Buy," saying it won't have to split off its financing arm, GE Capital.
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:
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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.
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:
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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.
Morgan Stanley, Ford, Yahoo, AirTran, Wynn Resorts are big market movers WednesdayApril 22nd, 2009 Morgan Stanley, Ford, Yahoo, AirTran big movers
NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Morgan Stanley, down $2.21 at $22.44
The investment bank's $578 million loss disappointed investors and stood in contrast to other big banks' better-than-expected results. Ingersoll Rand Co., up $2.62 at $19.35
A first-quarter loss was better than analysts had expected from the diversified manufacturer, and guidance for 2009 pleased investors.
Yahoo, Massey, Sprint, Dreamworks, McKesson are among big market movers WednesdayJuly 29th, 2009 Yahoo, Massey, Sprint, Dreamworks are big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
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Sprint Nextel Corp., down 54 cents at $4.05
The wireless provider said its second-quarter loss widened as more subscribers left, including those signing pricey yearly contracts. Massey Energy Co., up $1.55 at $24.29
The coal producer is rehiring miners, saying demand from Asia is growing, after posting a better-than-expected profit on Tuesday.
Comcast reports 53 percent jump in 2Q profit on higher revenue, but subscriber growth slowsAugust 6th, 2009 Comcast's 2Q profit soars 53 pct, tops estimatesPHILADELPHIA — Comcast Corp., the nation's biggest cable TV systems operator, posted a 53 percent increase in second-quarter profit on Thursday, helped by higher prices and increased customer spending on video and Internet services. But subscriber growth markedly slowed as the recession's grip remained tight.
AMR, Eastman Kodak, American Axle, Oracle, Discover Financial are among big market moversSeptember 17th, 2009 AMR, Eastman Kodak, American Axle big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
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Synovus Financial Corp., down 53 cents at $3.90
The bank's stock offering was bigger than expected, diluting shares, and priced at $4, a 10 percent discount to Wednesday's close. AMR Corp., up $1.45 at $8.80
The American Airlines parent got $2.9 billion in new financing, tamping down liquidity concerns, and is increasing capacity in four cities.
General Motors, Yahoo, Tiffany, Time Warner Cable among big market movers FridayMay 29th, 2009 General Motors, Yahoo, Tiffany are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
General Motors Corp., down 37 cents to 75 cents
The UAW union approved a cost-cutting pact with the automaker, but a filing for bankruptcy protection was still expected by Monday. J. Crew Group Inc., up $5.40 at $25.86
The apparel retailer's strong first-quarter results, including higher sales and customer traffic, signaled a rebound from a tough 2008.
Lennar, Wal-Mart, Jack in the Box, Potash, Dell are among big market moversSeptember 21st, 2009 Lennar, Wal-Mart, Jack in the Box big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
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Potash Corp., down $4.05 at $93.09
The Canadian fertilizer company slashed its third-quarter and full-year 2009 profit forecast because of lagging sales volume. Granite Construction Inc., down $1.71 at $32.10
An analyst cut his rating for the civil contractor and producer of construction materials, saying it isn't getting enough new business.
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.