Bank of America, Time Warner, CIT Group, ConocoPhillips are among big market movers FridayOctober 2nd, 2009 Bank of America, Time Warner, CIT Group big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:
NYSE:
Bank of America Corp., up 13 cents at $16.34
The bank's board authorized a dividend payment on preferred stock issued to the Treasury Department as part of last year's rescue plan. Time Warner Inc., down 40 cents at $29.63
CEO Jeff Bewkes said an investment in NBC Universal doesn't make sense for his company, strengthening the hand of Comcast Corp.
American Axle extends warrants for 7 pct stake to GM after accepting millions in aidSeptember 25th, 2009 Cash in hand, American Axle extends stake to GMNEW YORK — Auto parts supplier American Axle & Manufacturing Holdings Inc. says it has granted General Motors Co.
American Axle reaches deal with lenders to restructure debt, gets $110 million in help from GMSeptember 17th, 2009 American Axle restructures debt, gets help from GMDETROIT — American Axle & Manufacturing Holdings Inc. said Thursday that it reached a deal to restructure its debt and received millions in financial help from General Motors, likely preventing a bankruptcy protection filing at struggling auto supplier.
RW Baird analyst boosts Huron Consulting to 'Neutral,' says company's outlook still murkyAugust 20th, 2009 Ahead of the Bell: Huron Consulting upgradedNEW YORK — Shares of Huron Consulting Group Inc. moved higher Thursday after an R.W.
Analysts expect Home Depot sales to improve as housing slump begins to moderateAugust 14th, 2009 Earnings Preview: Home DepotNEW YORK — Home Depot Inc., the largest U.S. home improvement retailer, reports its second-quarter earnings on Tuesday.
AIG, American Axle, Whole Foods, EA, Garmin, Radian are big market movers WednesdayAugust 5th, 2009 AIG, American Axle, Whole Foods, EA are 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 International Group Inc., up $8.48 at $22
Shares of the embattled insurer gained more than 60 percent ahead of its earnings release slated for Friday and the Monday start of new CEO Robert Benmosche, former head of MetLife. American Axle and Manufacturing Holdings Inc., up $1.14 at $3.75
The auto supplier's second-quarter loss shrunk in half from a year ago — but so did its sales due to Detroit automakers' plant shutdowns.
BofA, Ford, Alcoa, Huron Consulting, Barclays are among big movers on stock market MondayAugust 4th, 2009 BofA, Ford, Alcoa, Huron Consulting are 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
Bank of America Corp., up 53 cents at $15.32
The bank will pay a $33 million fine to the SEC to settle charges it misled investors over $5.8 billion in Merrill Lynch bonuses, said it appointed a former Citigroup CFO to run investment operations and shuffled some other top executives. Ford Motor Co., up 33 cents at $8.33
The automaker said U.S.
USEC, Interpublic, Office Depot, SPSS, Textron are among big market movers TuesdayJuly 28th, 2009 USEC, Interpublic, Office Depot are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
USEC Inc., down $2.14 at $4.05
The Department of Energy denied a $2 billion loan guarantee the company needed to finance the construction of an Ohio uranium plant. Interpublic Group of Cos., down 78 cents at $5.41
The advertising and marketing conglomerate said its profit tumbled by more than three-fourths in the second quarter as sales slid.
American Axle working through restructuring plan with legal and financial advisersJuly 11th, 2009 American Axle working through restructuring planNEW YORK — American Axle is working with longtime legal and financial advisers to consider restructuring options, but the company and a law firm representing it are stopping short of saying they are considering bankruptcy. "After discussions with our bankruptcy group we are not in a position to comment," a Shearman & Sterling spokesman said.
American Axle suing supplier Republic Engineered Products to resume steel shipmentsJune 16th, 2009 American Axle sues steel maker to resume shipmentsNEW YORK — Auto parts supplier American Axle & Manufacturing Holdings Inc. is seeking a court order to get one of its steel suppliers to resume deliveries, saying that by cutting off supplies it threatens the entire auto supply chain.
Citigroup, Dow Chemical, Fannie Mae, Fifth Third among big market movers FridayMay 9th, 2009 Citigroup, Dow Chemical, Fannie Mae big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Citigroup Inc., up 21 cents at $4.02
The bank said it planned to convert $33 billion of preferred shares into common stock to meet requirements of regulators' "stress test."
Dow Chemical Co., up $1.75 at $17.50
The chemical company will save millions on dividend payments after swapping out preferred shares used in its buyout of Rohm & Hass. Fannie Mae, down 2 cents at 86 cents
The mortgage finance company will need $19 billion more in government aid and warned that even that may not be enough to keep it solvent.
American Axle & Manufacturing reports wider 1st-quarter loss as production cuts batter salesMay 1st, 2009 American Axle posts wider 1Q loss on industry woesDETROIT — Auto parts supplier American Axle & Manufacturing Holdings Inc. on Friday posted a wider first-quarter loss as production cuts at automakers sent its sales tumbling.
Bank of America, Office Depot, GM, Bristol-Myers Squibb are big market movers TuesdayApril 28th, 2009 Bank of America, Office Depot, GM big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Bank of America Corp., down 77 cents at $8.15
Sources said the bank will need to raise more cash if it can't convince the government its "stress test" results are in error. Office Depot Inc., up 29 cents at $2.82
The office products chain posted a loss, but excluding charges relating to store closings, results were better than analysts expected.
UAW official says American Axle to shutter Detroit plant, hundreds to lose jobsApril 28th, 2009 Union: American Axle to close Detroit plantNEW YORK — American Axle & Manufacturing Inc. plans to shutter the largest plant at its Detroit manufacturing complex and move production to Mexico, a union official said Tuesday.
Delaware judge approves motions in Sun-Times bankruptcy caseApril 28th, 2009 Motions in Sun-Times bankruptcy case approvedWILMINGTON, Del. — A Delaware bankruptcy judge has approved several motions in the Chapter 11 case of the Sun-Times Media Group.