Novatel shares plunge after 4th-quarter outlook disappoints despite strong 3rd quarterOctober 30th, 2009 Novatel shares tumble after 4Q outlook disappointsNEW YORK — Shares of Novatel Wireless Inc. tumbled Friday after the wireless high-speed Internet service provider posted a disappointing outlook for the fourth quarter.
Bank of America, MetLife, EBay, CardioNet are among big market movers TuesdaySeptember 1st, 2009 Bank of America, MetLife, EBay are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange:
NYSE:
Bank of America Corp., down $1.13 at $16.46
The bank is looking to pay back some of the billions in federal bailout aid it has received, according to a published report. MetLife Inc., down $2.79 at $34.97
A Raymond James analyst downgraded the insurer to "Market Perform" from "Strong Buy," citing the company's overvalued stock price.
Novatel Wireless posts 3Q profit on strong MiFi sales, but revenue outlook to fall shortOctober 29th, 2009 Novatel Wireless posts 3Q profit on higher revenueSAN DIEGO — Novatel Wireless Inc. posted a third-quarter profit, reversing last year's loss, as strong sales of its MiFi personal Wi-Fi hotspot device took off.
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.
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.
Earnings roundup: Callaway Golf 3Q loss grows, BMC Software earnings jump 35 percentOctober 29th, 2009 Earnings roundup: Callaway Golf, BMC SoftwareAmong the earnings stories for Thursday, Oct. 29, from AP Financial News:
CARLSBAD, Calif.
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.
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.
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.
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.
Microsoft, Capital One, Broadcom, Amazon.com are among big market movers FridayOctober 23rd, 2009 Microsoft, Capital One, Broadcom are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:
NYSE:
Synovus Financial Corp., down 65 cents at $2.92
Souring loans kept growing at the southeastern regional bank, deepening its losses, and analysts say bad assets will linger for some time. Elan Corp., down $1.13 at $5.31
European regulators are investigating reports of the drug maker's multiple sclerosis drug causing a potentially fatal brain infection.
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.
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
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:
NYSE:
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.
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.