RPT-HEADLINE STOCKS-U.S. stocks on the move on May 1
(Repeats for additional subscribers)
(Updates to add Chevron, Washington Post, American Axle,
Clorox and Continental Airlines)
NEW YORK, May 1 (Reuters) - Some U.S. stocks on the move on
Friday:
AON CORP
The insurance broker reported adjusted first-quarter
results that missed expectations. [nN30520661]
Shares of Aon fell 13 percent to $36.89.
CITIGROUP INC
The bank will sell its Japanese brokerage and key
investment banking units to Sumitomo Mitsui Financial in a $5.9
billion deal. [nBNG446757]
Shares of Citigroup, a Dow component, rose 0.7 percent to
$3.08.
MASTERCARD INC
The credit card company reported first-quarter earnings
that beat expectations but said its 2009 revenue would miss
expectations. [nWNAB1894]
Shares fell 7.6 percent to $169.48.
CHEVRON CORP
The oil company, a Dow component, reported first-quarter
earnings that met expectations but were down from the prior
year. [nN0182269]
The stock fell 0.4 percent to $65.83.
WASHINGTON POST CO
Shares of the newspaper company fell 3.3 percent to $405
after it swung to a first-quarter loss, hurt by restructuring
and buyout charges. [nN01323693]
HARTFORD FINANCIAL GROUP
METLIFE INC
The two companies late Thursday reported quarterly results
that were worse than expected, hurt by weak macroeconomic
conditions. [nN30224266]
Hartford shares dropped 11 percent to $10.19 while MetLife
shed 7.1 percent to $27.65.
CLOROX CO
Shares of the company fell 0.6 percent to $55.72 after it
reported a sharp increase in its third-quarter profit but
forecast weaker sales growth because of a stronger dollar.
[nN01342943]
AMERICAN AXLE & MANUFACTURING HOLDINGS INC
Shares of the auto parts supplier rose 9 percent to $1.09
after it reported its quarterly results. [nN01256686]
CONTINENTAL AIRLINES
The airline said it made temporary cuts to its seat
capacity to Mexico because of lower demand as a new strain of
flu spreads. [nN01296232]
Shares rose 1 percent to $10.62.
CORUS BANKSHARES
The bank on Friday said that actions taken by regulators
may negatively impact its ability to continue as a going
concern.
It also hired an investment bank to seek all strategic
alternatives, including a capital investment, sale, strategic
merger or some form of restructuring. [nBNG70869]
Shares of Corus rose 5 percent, or 1 cent, to 22 cents.
DEAN FOODS CO
The dairy company reported a rise in its first-quarter
profit on lower milk costs and interest expense.
[nN01291914]
Shares slid 5.4 percent to $19.61.
FORTUNE BRANDS INC
The company reported first-quarter results that met
expectations. [nN01543053]
Shares were 3.5 percent to $40.71.
PNM RESOURCES INC
Shares of the company rose 3.6 percent to $8.83 after it
reported its first-quarter results and affirmed its 2009
outlook. [nWNAB1795]
TECO ENERGY INC
The company reported first-quarter earnings that beat
expectations and gave a 2009 earnings outlook. [nWNAB1793]
Shares rose 1.9 percent to $10.79.
LIFEPOINT HOSPITALS INC
The company reported first-quarter earnings and revenue
that were above expectations. [nWNAB1797]
Shares rose 11 percent to $28.64.
PHH CORP
The company reported its first-quarter results, which
included revenue that was below expectations. [nWEN8330]
Shares slid 2.3 percent to $16.39.
BANK OF AMERICA CORP
The bank's board is not planning to remove CEO Kenneth
Lewis after he was ousted as chairman under shareholder
pressure, according to a report on the Wall Street Journal's
website. [nN30263359]
Shares of the bank, a Dow component, fell 1.3 percent to
$8.80.
NICOR INC
The gas company reported first-quarter earnings that beat
expectations and gave a 2009 earnings outlook that was above
consensus. [nWNAB1794]
Shares edged 0.4 percent higher to $32.27.
BIG 5 SPORTING GOODS CORP
The sporting goods retailer posted better-than-expected
quarterly profits and forecast second-quarter earnings above
expectations. [nBNG446701]
Shares rose 32 percent to $10.85.
AMAG PHARMACEUTICALS INC
The company was informed by the U.S. health regulator that
deficiencies noted at a facility manufacturing its experimental
anemia drug have been adequately addressed. [nBNG451534]
Shares rose 18 percent to $52.71.
CHIQUITA BRANDS INTERNATIONAL INC
The banana distributor reported a first-quarter profit well
above analysts expectations. [nBNG439313]
Shares gained 20 percent to $9.10.
ARIBA INC
The procurement software company reported adjusted
quarterly earnings that estimates by a penny and forecast
better-than-expected third-quarter earnings. [nBNG453226]
Shares rose 11 percent to $10.64.
ATHENAHEALTH INC
The provider of Internet-based billing and other services
to physicians reported first-quarter results below
expectations. [nBNG441323]
Shares rose 7.2 percent to $34.03.
(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)
Keywords: MARKETS STOCKS HEADLINES
.
Keywords: MARKETS STOCKS HEADLINES
((ryan.vlastelica@thomsonreuters.com; + 1 646-223-6014;
Reuters Messaging: ryan.vlastelica@reuters.com@reuters.net))
Keywords: MARKETS STOCKS HEADLINES
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