HEADLINE STOCKS-U.S. stocks on the move on April 22
(Updates to after the open, adds Freeport, Ryder, T Rowe,
Ingersoll-Rand, Imation, Chemed and P.F. Chang's)
NEW YORK, April 22 (Reuters) - Some U.S. stocks to on the
move on Wednesday:
AT&T INC
Shares of the communications company, a Dow component, rose
4.5 percent to $26.41 after it reported first-quarter results
that beat expectations. For more see [nN22461975].
BOEING CO
Shares of the plane maker, a Dow component, rose 2.5
percent to $37.58 after it reported its first-quarter results
and cut its outlook. [nWNAB6091]
MORGAN STANLEY
Shares fell 4 percent to $23.69 after the financial
services company reported a first-quarter loss and cut its
dividend to 5 cents in a move to enhance its capital.
[nWNAB6145]
WELLS FARGO
Shares of the bank rose 6.7 percent to $20.07 after it
reported a first-quarter profit in line with its prior outlook.
[nN22525562]
MCDONALD'S CORP
Shares of the fast food chain, a Dow component, rose 0.9
percent to $56.16 after it reported its first-quarter results.
[nN22406912]
ALTRIA GROUP
The tobacco company reported first-quarter earnings that
topped expectations by a penny. [nN22413495]
Shares rose 0.4 percent to $16.79.
KIMBERLY-CLARK
The company reported first-quarter earnings that were down
from the prior year but beat expectations by a penny.
[nBNG438236]
Shares fell 1 percent to $49.46.
FREEPORT-MCMORAN COPPER & GOLD
Shares of the metal company rose 3.88 percent to $42.31
after it reported its first-quarter results. [nN22411505]
RYDER SYSTEM
Shares of the shipping company rose 4.7 percent to $25.44
after it reported adjusted first-quarter results that beat
expectations. [nN22525503]
INGERSOLL-RAND
Shares advanced 9.6 percent to $18.33 after it reported a
quarterly loss that was narrower than expected.
[nN21289251]
T ROWE PRICE GROUP
Shares rose 3.2 percent to $37.40 after it reported its
first-quarter results and said it would cut 5.5 percent of its
work force. [nN21484394]
IMATION
Shares slid 0.8 percent to $9.34 after it reported its
first-quarter results. [nWNAB6054]
P.F. CHANG'S CHINA BISTRO
Shares of the company surged 17.2 percent to $31.63 after
it reported first-quarter earnings that beat expectations
helped by cost controls and increased its full-year earnings
forecast. [nN22523861]
CHEMED CORP
Shares fell 6 percent to $39.55 after it reported its
first-quarter results. [nWNAB6057]
WELLPOINT
The health insurance company reported first-quarter
earnings that trumped expectations but were down from the prior
year. [nN20404010]
Shares fell 0.5 percent to $41.56.
CONTINENTAL AIRLINES
The airline reported its fifth straight quarterly loss,
hurt by weaker travel demand. [nN22518780]
Shares rose 3.9 percent to $15.59.
PEPSI BOTTLING GROUP
The company reported its first-quarter results and raised
its full-year earnings outlook. [nN22463721]
The stock rose 1.2 percent to $30.56.
AIRTRAN HOLDINGS
Shares rose 20.1 percent to $6.71 after it reported its
first-quarter results and said it expects to remain profitable
every quarter this year. [nWNAB6048]
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