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
Verizon begins FiOS TV service to central New York, goes head-to-head with Time Warner CableOctober 5th, 2009 Verizon begins cable TV service in central NYSYRACUSE, N.Y. — Cable competition has come to central New York, where Verizon is now offering cable television service to customers in eight communities in the Syracuse area.
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.
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.
As part of turnaround, General Motors to test selling new cars on eBayJuly 10th, 2009 General Motors to try selling new cars on eBayNEW YORK — As part of its turnaround plan, General Motors Corp. said Friday it plans to experiment with auctioning new cars on eBay, expanding on an existing partnership covering certified used vehicles on the online marketplace.
Yahoo Enters Merger Talks With Time-WarnerJuly 7th, 2008 Yahoo! spent the July 4 weekend in discussions with its lead adviser, Goldman Sachs, and potential bid partners including Time Warner in a desperate bid to defend itself from shareholders meeting on August 1 to vote on whether to re-elect their board. The possible merger with Times-Warner's AOL division could be worth as much as $10 billion (£5 billion).
Time Warner Cable 2Q profit rises, but warns of continued slowing growthJuly 29th, 2009 Time Warner Cable 2Q profit up, but growth slowsNEW YORK — Time Warner Cable Inc., the second largest U.S. cable TV operator, on Wednesday reported a 14 percent increase in second-quarter profit but warned that subscriber growth continued to slow.
Wipro says it's unaffected by client GM's bankruptcyJune 3rd, 2009 MUMBAI - Software giant Wipro's revenues will not be affected because of the bankruptcy of Detroit-based customer General Motors Corp, the Indian IT bellwether said in a regulatory filing Wednesday. "General Motors accounts for less than 1 percent of Wipro's IT services segment revenue, and our assessment is that a substantial portion is expected to continue," the company statement read.
Penske Truck Leasing to begin selling used commercial trucks on eBay MotorsAugust 19th, 2009 Penske Truck Leasing to sell used trucks on eBayREADING, Pa. — Penske Truck Leasing Co.
Time Warner's posts drop in 2Q earnings, but affirms full-year outlookJuly 29th, 2009 Time Warner beats 2Q estimates; outlook steadyLOS ANGELES — Time Warner Inc.'s second-quarter earnings beat Wall Street forecasts Wednesday despite a declining advertising market, as its Turner cable networks held up better than expected and "The Hangover" became a sleeper box office hit. The New York-based media conglomerate also affirmed its projection for full-year adjusted earnings at roughly $1.98 per share, or flat year-over-year, and confirmed its spinoff of the AOL Internet portal would occur around the end of 2009.
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:
NYSE:
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.
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:
NYSE:
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.
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.
General Motors' partnership with eBay to sell new cars through Calif. dealers set to endSeptember 30th, 2009 GM's trial program selling cars on eBay set to endDETROIT — General Motors says it's ending a trial program that put new cars for sale in California on eBay as it shifts its focus to national marketing efforts. GM spokesman John McDonald said the trial was slated to end Wednesday, after a run of about six weeks.
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.