HEADLINE STOCKS-U.S. stocks on the move on April 17

Fri Apr 17, 2009 9:58am EDT
 
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 (Updates to after the open, adds GameStop)
 NEW YORK, April 17 (Reuters) - Some U.S. stocks on the move
on Friday:
 CITIGROUP (C.N)
 The bank reported a first-quarter loss that was narrower
than expected. It also said it would delay the proposed
exchange of billions of dollars of preferred shares into common
stock until the government completed its "stress test" of large
banks. [ID:nN17310824]
 Shares of the company, a Dow component, fell 2.2 percent to
$3.92.
 GENERAL ELECTRIC (GE.N)
 The industrial conglomerate on Friday reported
first-quarter results that were better than expected and said
that its order backlog was steady at its industrial arm.
[ID:nN17446745]
 Shares of the company, a Dow component, rose 0.2 percent to
$12.30 a share.
 GOOGLE INC (GOOG.O)
 The Internet search company late Thursday reported
first-quarter earnings that beat expectations, but also said
that the economic environment remained difficult.
[ID:nN16272680]
 Shares rose 2.6 percent to $398.71.
 MATTEL MAT.N
 The toy company reported a first-quarter loss that was a
penny wider than expectations. Sales were down 15 percent in
the quarter. [ID:nN17188731]
 Shares of Mattel rose 10.6 percent to $14.41.
 JPMORGAN CHASE (JPM.N)
 KBW on Friday raised its price target on the bank to $38
from $30, though it lowered its 2009 earnings outlook on the
company to $1.25 a share from $1.50 a share, citing higher
credit costs. [ID:nWNAB4321]
 Shares of JPMorgan, a Dow component, fell 1.6 percent to
$32.70.
 GAMESTOP CORP (GME.N)
 Shares fell more than 3 percent to $28.65 after it affirmed
its first-quarter outlook. [ID:nWNAB4500]
 BB&T CORP (BBT.N)
 The company reported first-quarter results that beat
expectations. [ID:nN17272631]
 Shares rose 1.3 percent to $21.34.
 MEDIA GENERAL (MEG.N)
 The company reported a first-quarter loss and a drop in ad
sales. [ID:nN17309724]
 Shares tumbled 15.8 percent to $2.50.
 SWS GROUP INC (SWS.N)
 The company gave a third-quarter outlook for its earnings
and revenue and forecast loan loss provision of about $4
million in its June quarter. [ID:nWNAB4478]
 Shares fell 7.3 percent to $13.92.
 ICU MEDICAL INC (ICUI.O)
 The maker of disposable medical connection systems, posted
better-than-expected quarterly results and affirmed its outlook
for 2009. [ID:nBNG444353]
 Shares rose 6 percent to $34.
 DRYSHIPS INC (DRYS.O)
 The Greek dry bulk carrier said it has completed its
at-the-market equity offering of $500 million, strengthening
its balance sheet and helping the company to reduce debt.
[ID:nBNG387977]
 Shares rose 13.8 percent to $6.32.
 CYTEC INDUSTRIES INC (CYT.N)
 The specialty chemical maker reported worse-than-expected
quarterly results, forecast full-year earnings below market
estimates and slashed its dividend by 90 percent.
[ID:nBNG443727]
 Shares dropped 25.6 percent to $13.57.
 TEMPUR-PEDIC INTERNATIONAL INC (TPX.N)
 The mattress maker reported a better-than-expected
first-quarter profit on lower costs and backed its 2009 profit
outlook. [ID:nBNG383240]
 Shares rose 16.3 percent to $10.66.
 PEOPLE'S UNITED FINANCIAL INC (PBCT.O)
 The company posted first-quarter earnings that missed
expectations. [ID:nBNG443109]
 Shares fell about 2.1 percent to $16.70.
 VASCULAR SOLUTIONS INC (VASC.O)
 The medical device maker forecast 2009 earnings below
market estimates. [ID:nBNG443918]
 Shares fell 3.6 percent to $6.36.
 (Reporting by Ryan Vlastelica; Editing by Theodore d'Afflisio)


 

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