HEADLINE STOCKS-U.S. stocks on the move on April 24

Fri Apr 24, 2009 1:58pm EDT
 
[-] Text [+]
 (Updates to add Arch Coal, DeVry and Cepheid) 
    
    NEW YORK, April 24 (Reuters) - Some U.S. stocks on the move 
on Friday: 
    
    FORD MOTOR CO  
    Shares of Ford advanced 18 percent to $5.28 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, rose 3.7 
percent to $56.21 after it reported its first-quarter results 
and gave a 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 4.3 percent to 
$30.99. 
    
    SCHLUMBERGER  
    The oilfield services company reported first-quarter 
earnings that beat expectations. [nN24396663] 
    The stock rose 6.2 percent to $49.52. 
    
    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 4.9 percent to $6.02. 
    
    ITT CORP  
    The manufacturer reported its first-quarter results and cut 
its full-year outlook. [nN24395794] 
    Shares slid 2.2 percent to $41.38. 
    
    STANLEY WORKS  
    The company reported its first-quarter results and gave a 
full-year outlook. [nWNAB7757] 
    The stock rose 10 percent to $36.99. 
    
    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 0.3 percent to 
$3.19. 
    
    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 8.3 percent to 
$20.47. 
    
    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 19 percent 
to $25.01. 
    
    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 $43.16. 
    
    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 2.5 percent to $12.18. 
    
    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 0.5 percent lower to $21.85. 
    
    WESTERN DIGITAL  
    Shares of the hard disk drive marker fell 3.9 percent to 
$20.94 after it reported its third-quarter results. 
[nN23363916] 
    
    JUNIPER NETWORKS  
    The stock surged 14 percent to $22 after it gave a 
second-quarter outlook and said business was stabilizing. 
[nN23372652] 
    
    IDEXX LABORATORIES  
    Shares rose 4.7 percent to $40.03 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 6.5 percent to $59.65. 
    
    STARENT NETWORKS  
    The company, which helps mobile operators deliver 
multimedia services to subscribers, raised its full-year 
earnings outlook. [nBNG368811] 
    Shares rose 18 percent to $18.79. 
    
    ARCH COAL  
    Shares sank 9.3 percent after it reported a drop in its 
quarterly profit and cut its outlook. [nN24343634] 
    
    DEVRY INC  
    Shares rose 8.5 percent to $45 after it reported quarterly 
results above expectations. [nBNG443206] 
    
    CEPHEID  
    Shares gained 21.5 percent to $8.24 after it reported its 
quarterly results and reaffirmed its outlook. [nBNG83047] 
    
    PMC-SIERRA INC  
    Shares of the chipmaker rose 15 percent to $8.06 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 15 percent to $11.88. 
    
    RIVERBED TECHNOLOGY  
    Shares surged 25 percent to $18.24 after it gave a 
second-quarter outlook that was above expectations. 
[nBNG438185] 
    
    INTERACTIVE BROKERS GROUP INC  
    Shares of the derivatives trader fell 16 percent to $14.01 
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 13 percent 
to $15.61 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 21 percent to $8.24. 
    
    (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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