HEADLINE STOCKS-U.S. stocks on the move on May 5

Tue May 5, 2009 1:29pm EDT
 
[-] Text [+]
 (Updates to afternoon trade, adds FMC, AtriCure, Granite
Construction and Broadcom/Emulex)
 NEW YORK, May 5 (Reuters) - Some U.S. stocks on the move on
Tuesday:
 KRAFT FOODS INC (KFT.N)
 The food company, a Dow component, reported first-quarter
earnings that beat expectations. [ID:nN05387053]
 Shares rose 5.5 percent to $25.60.
 AMERICAN INTERNATIONAL GROUP INC (AIG.N)
 The troubled insurance group is expected to report a
first-quarter loss, though the results aren't seen triggering
another capital injection from the U.S. government, a source
familiar with the matter said late Monday. [ID:nN04457837]
 Shares surged 15 percent to $1.68.
 CVS CAREMARK CORP (CVS.N)
 The drugstore chain reported adjusted first-quarter
earnings that were at the high end of its own outlook.
[ID:nBNG491584]
 Shares slid 1 percent to $31.70.
 CHURCH & DWIGHT CO INC (CHD.N)
 The consumer products company reported first-quarter
earnings that beat expectations and raised its 2009 earnings
outlook. [ID:nBNG219770]
 Shares fell 1.6 percent to $55.99.
 UBS AG (UBSN.VX)(UBS.N)
 The bank said on Tuesday it remained wary on its immediate
outlook, though capital ratios cut the need for a balance sheet
boost. [ID:nL5170687]
 U.S.-listed shares fell 2.5 percent to $14.22.
 AVON PRODUCTS INC (AVP.N)
 The company reported first-quarter results that were weaker
than expected. [ID:nN05455709]
 Shares tumbled 9.6 percent to $22.78.
 WEYERHAEUSER CO (WY.N)
 Shares of the forest products company rose 2.4 percent to
$36.88 after it reported a first-quarter loss that was narrower
than expected. [ID:nN05462008]
 FMC CORP (FMC.N)
 Shares of the chemical company fell 11 percent to $45.51
after it gave an earnings outlook that was below expectations.
[ID:nN05471384]
 BROADCOM CORP (BRCM.O)
 EMULEX CORP (ELX.N)
 Shares of Broadcom fell 0.6 percent to $23.79 after its bid
for Emulex turned hostile. Shares of Emulex were down 0.8
percent to $10.66. [ID:nN05460459]
 GRANITE CONSTRUCTION INC (GVA.N)
 Shares of the civil contractor rose 11.9 percent to $44.35
after it reported a surprise quarterly profit. [ID:nBNG331201]
 ATRICURE INC (ATRC.O)
 Shares of the medical products company soared 93 percent to
$2.70 after it reported adjusted first-quarter results that
were narrower than expected and entered into a new credit
facility. [ID:nBNG338265]
 ICONIX BRAND GROUP INC (ICON.O)
 Shares of the fashion house fell 2.5 percent to $15.13
after it reported first-quarter results that beat expectations
and raised its 2009 earnings outlook. [ID:nBNG177896]
 AUTOMATIC DATA PROCESSING INC (ADP.O)
 Shares of the payroll processing company rose 0.7 percent
to $35.10 after it reported third-quarter earnings that met
expectations. [ID:nN05404796]
 TENET HEALTHCARE CORP (THC.N)
 Shares of the company rose 1.2 percent to $2.53 after it
reported an increase in first-quarter earnings.
[ID:nN05433169]
 LEGG MASON INC (LM.N)
 Shares of the money manager tumbled 13.5 percent to $19.50
after it reported a quarterly loss and cut its dividend.
[ID:nN05456104]
 ARCHER DANIELS MIDLAND CO (ADM.N)
 The agricultural processor group reported third-quarter
earnings that missed expectations. [ID:nN05405495]
 Shares fell 9.7 percent to $23.64.
 EMERSON ELECTRIC CO (EMR.N)
 The company reported second-quarter results that fell from
the prior year and missed expectations, though it affirmed its
full-year outlook. [ID:nN04395395]
 Shares dipped 2.2 percent to $36.54.

 

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