Seagate, Ford, Liz Claiborne, Bank of America, Macy's among big market movers WednesdayMay 13th, 2009 Seagate, Ford, Liz Claiborne are big movers
NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Seagate Technology, down 36 cents at $6.98
The maker of hard drives cut 1,100 jobs, 2.5 percent of its workforce, as part of a restructuring aimed at saving $125 million a year. Ford Motor Corp., down 5 cents at $4.96
Shares of the auto maker declined again after it annoucing a public stock offering of 300 million shares.
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.
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.
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.
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.
EBay, McDonald's, Capital 1, Apple, Popular are among big market moversSeptember 9th, 2009 EBay, McDonald's, Capital 1, Apple 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:
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McDonald's Corp., down $1.13 at $55.09
Sales at established restaurants grew the smallest amount since February at the world's largest fast-food chain. Capital One Financial Corp., up $2.03 at $37.47
A Citigroup analyst upgraded the credit card issuer, saying credit losses should improve as the worst of its charge-offs are over.
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.
Oracle sales down as businesses tighten beltsSeptember 16th, 2009 SAN FRANCISCO - Business software maker Oracle reported a 5 percent decline in quarterly revenue Wednesday as businesses held off on buying new software. The Silicon Valley company said its sales dropped to $5.1 billion, but the company managed to increase profits by 8 percent to $1.1 billion, compared to $1.07 billion in the year-ago quarter.
Oracle profit rises 4 pct sales drop 5 pct as businesses stay tightfisted; shares fallSeptember 16th, 2009 Oracle net rises 4 pct but sales drop, stock slipsSAN FRANCISCO — Oracle Corp.'s profit rose 4 percent in the latest quarter, matching Wall Street's forecasts, despite a drop in sales that revealed businesses are still being tightfisted about buying new software. The sales figure was short of analysts' expectations, and Oracle's shares fell 4 percent.
Oracle shares slip after fiscal 1st-quarter revenue falls, missing analyst estimatesSeptember 17th, 2009 Oracle shares slip after 1Q revenue disappointsSAN FRANCISCO — Shares of Oracle Corp. slipped in premarket activity Thursday after the information technology company reported sales fell below analyst expectations in the latest quarter, showing that businesses are still reluctant to buy new software.
Sun Microsystems' share of the server market slips as rivals exploit fears about Oracle dealSeptember 1st, 2009 Sun's server share hit as antitrust scrutiny loomsSAN FRANCISCO — Uncertainty about Sun Microsystems Inc.'s future appears to have contributed to serious erosion in the company's market share for computer servers in the latest quarter, according to new data being released Wednesday. The latest numbers from market-research firm IDC show that Sun's market share in servers stood at 10 percent in the second quarter, down more than a full percentage point from the same period last year.
Oracle President Safra Catz talks about weakness in EuropeSeptember 16th, 2009 On the Call: Oracle President Safra CatzOracle Corp. managed to meet Wall Street's profit forecasts in the fiscal first quarter despite a drop in sales that was caused in large part by weakness in Europe, the Middle East and Africa, a region where revenue was down about 10 percent from last year to $1.64 billion.
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.
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:
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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.