HEADLINE STOCKS-U.S. stocks on the move on April 24
(Updates to add Juniper, Western Digital and Idexx
Laboratories)
NEW YORK, April 24 (Reuters) - Some U.S. stocks on the move
on Friday:
FORD MOTOR CO
Shares of Ford advanced 16 percent to $5.19 after it
reported a narrower-than-expected first-quarter loss and said
it was on track to at least break even in 2011 and that it
didn't expect to seek U.S. government loans. [nN24400235]
3M CO
Shares of the manufacturer, a Dow component, fell 0.5
percent to $53.97 after it reported a drop in its first-quarter
profit and cut its 2009 outlook. [nN24402436]
HONEYWELL INTERNATIONAL
The manufacturer reported a drop in its first-quarter
earnings and cut its full-year profit outlook. [nN24330913]
The stock, a former Dow component, fell 2 percent to
$31.75.
SCHLUMBERGER
The oilfield services company reported first-quarter
earnings that beat expectations. [nN24396663]
The stock rose 6.1 percent to $49.43.
XEROX CORP
The company swung to a first-quarter profit, though revenue
was down 18 percent and equipment sales were off 30 percent.
[nN24540687]
The stock rose 1.7 percent to $5.84.
ITT CORP
The manufacturer reported its first-quarter results and cut
its full-year outlook. [nN24395794]
Shares rose 0.7 percent to $42.59.
STANLEY WORKS
The company reported its first-quarter results and gave a
full-year outlook. [nWNAB7757]
The stock rose 3.8 percent to $34.90.
CITIGROUP
U.S. regulators who are concluding "stress tests" on banks
may remove Vikram Pandit, the chief executive officer of
Citigroup , according to a report in the New York Post,
which cited unnamed sources. [nLO453728]
Shares of Citigroup, a Dow component, fell 0.6 percent to
$3.18.
MICROSOFT CORP
The software company late Thursday reported third-quarter
results in line with expectations but said that its recovery
would be "slow and gradual." [nN23368207]
Shares of the company, a Dow component, rose 4.1 percent to
$19.70.
AMERICAN EXPRESS
The credit card company reported a steep drop in its
first-quarter earnings, though the results were above
expectations. [nN23358086]
Shares of the company, a Dow component, advanced 12.5
percent to $23.54.
NETFLIX INC
The online movie rental company raised its subscriber and
earnings targets but gave a guidance that disappointed some
analysts. [nN23332174]
Shares fell 4.8 percent to $43.12.
GENERAL ELECTRIC CO
Safran will buy 81 percent of GE Homeland Protection for
$580 million. GE will still own the remaining share.
[nLO578594].
Shares were up 1.7 percent to $12.08.
MORGAN STANLEY
The financial services company may spinoff its biggest
proprietary-trading desk into a hedge fund or open the unit to
outside investors, according to a report in the Wall Street
Journal. [nBNG117046]
Shares edged up 0.5 percent to $22.04.
WESTERN DIGITAL
Shares of the hard disk drive marker fell 6.3 percent to
$20.43 after it reported its third-quarter results.
[nN23363916]
JUNIPER NETWORKS
The stock surged 15 percent to $22.09 after it gave a
second-quarter outlook and said business was stabilizing.
[nN23372652]
IDEXX LABORATORIES
Shares rose 3 percent to $39.60 after the company reported
first-quarter earnings that beat expectations but cut its 2009
revenue outlook. [nBNG152266]
DECKERS OUTDOOR CORP
The shoe company posted first-quarter results that were
better than expected but forecast a second-quarter loss.
[nBNG423996]
Shares dropped 2.6 percent to $62.29.
STARENT NETWORKS
The company, which helps mobile operators deliver
multimedia services to subscribers, raised its full-year
earnings outlook. [nBNG368811]
Shares rose 12 percent to $17.97.
PMC-SIERRA INC
Shares of the chipmaker rose 11 percent to $7.76 after it
reported better-than-expected first-quarter results.
[nBNG386349]
ALIGN TECHNOLOGY INC
The maker of teeth-alignment systems posted
better-than-expected first-quarter earnings and forecast a
second-quarter in-line with market views. [nWNAB7298]
Shares rose 13 percent to $11.82.
INTERACTIVE BROKERS GROUP INC
Shares of the derivatives trader fell 17 percent to $13.75
after it reported a worse-than-expected quarterly profit as
revenue from its market making segment more than halved.
[nBNG381861]
DATA DOMAIN INC
Shares of the data storage systems provider rose 9.4
percent to $15.02 after it posted a quarterly profit that beat
market estimates by a cent and reaffirmed its 2009 revenue
view. [nBNG486084]
CEPHEID INC
The company, which makes systems and tests for genetic
analysis, reported a first-quarter loss that was narrower than
expected. [nWNAB7304]
Shares rose 9 percent to $7.34.
(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)
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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