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

Fri Apr 24, 2009 10:13am EDT
 
[-] Text [+]
 (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 (F.N)
 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. [ID:nN24400235]
 3M CO (MMM.N)
 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. [ID:nN24402436]
 HONEYWELL INTERNATIONAL (HON.N)
 The manufacturer reported a drop in its first-quarter
earnings and cut its full-year profit outlook. [ID:nN24330913]
 The stock, a former Dow component, fell 2 percent to
$31.75.
 SCHLUMBERGER (SLB.N)
 The oilfield services company reported first-quarter
earnings that beat expectations. [ID:nN24396663]
 The stock rose 6.1 percent to $49.43.
 XEROX CORP (XRX.N)
 The company swung to a first-quarter profit, though revenue
was down 18 percent and equipment sales were off 30 percent.
[ID:nN24540687]
 The stock rose 1.7 percent to $5.84.
 ITT CORP (ITT.N)
 The manufacturer reported its first-quarter results and cut
its full-year outlook. [ID:nN24395794]
 Shares rose 0.7 percent to $42.59.
 STANLEY WORKS (SWK.N)
 The company reported its first-quarter results and gave a
full-year outlook. [ID:nWNAB7757]
 The stock rose 3.8 percent to $34.90.
 CITIGROUP (C.N)
 U.S. regulators who are concluding "stress tests" on banks
may remove Vikram Pandit, the chief executive officer of
Citigroup (C.N), according to a report in the New York Post,
which cited unnamed sources. [ID:nLO453728]
 Shares of Citigroup, a Dow component, fell 0.6 percent to
$3.18.
 MICROSOFT CORP (MSFT.O)
 The software company late Thursday reported third-quarter
results in line with expectations but said that its recovery
would be "slow and gradual." [ID:nN23368207]
 Shares of the company, a Dow component, rose 4.1 percent to
$19.70.
 AMERICAN EXPRESS (AXP.N)
 The credit card company reported a steep drop in its
first-quarter earnings, though the results were above
expectations. [ID:nN23358086]
 Shares of the company, a Dow component, advanced 12.5
percent to $23.54.
 NETFLIX INC (NFLX.O)
 The online movie rental company raised its subscriber and
earnings targets but gave a guidance that disappointed some
analysts. [ID:nN23332174]
 Shares fell 4.8 percent to $43.12.
 GENERAL ELECTRIC CO (GE.N)
 Safran will buy 81 percent of GE Homeland Protection for
$580 million. GE will still own the remaining share.
[ID:nLO578594].
 Shares were up 1.7 percent to $12.08.
 MORGAN STANLEY (MS.N)
 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. [ID:nBNG117046]
 Shares edged up 0.5 percent to $22.04.
 WESTERN DIGITAL (WDC.N)
 Shares of the hard disk drive marker fell 6.3 percent to
$20.43 after it reported its third-quarter results.
[ID:nN23363916]
 JUNIPER NETWORKS JNPR.O
 The stock surged 15 percent to $22.09 after it gave a
second-quarter outlook and said business was stabilizing.
[ID:nN23372652]
 IDEXX LABORATORIES (IDXX.O)
 Shares rose 3 percent to $39.60 after the company reported
first-quarter earnings that beat expectations but cut its 2009
revenue outlook. [ID:nBNG152266]
 DECKERS OUTDOOR CORP (DECK.O)
 The shoe company posted first-quarter results that were
better than expected but forecast a second-quarter loss.
[ID:nBNG423996]
 Shares dropped 2.6 percent to $62.29.
 STARENT NETWORKS (STAR.O)
 The company, which helps mobile operators deliver
multimedia services to subscribers, raised its full-year
earnings outlook. [ID:nBNG368811]
 Shares rose 12 percent to $17.97.
 PMC-SIERRA INC (PMCS.O)
 Shares of the chipmaker rose 11 percent to $7.76 after it
reported better-than-expected first-quarter results.
[ID:nBNG386349]
 ALIGN TECHNOLOGY INC (ALGN.O)
 The maker of teeth-alignment systems posted
better-than-expected first-quarter earnings and forecast a
second-quarter in-line with market views. [ID:nWNAB7298]
 Shares rose 13 percent to $11.82.
 INTERACTIVE BROKERS GROUP INC (IBKR.O)
 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.
[ID:nBNG381861]
 DATA DOMAIN INC (DDUP.O)
 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. [ID:nBNG486084]
 CEPHEID INC (CPHD.O)
 The company, which makes systems and tests for genetic
analysis, reported a first-quarter loss that was narrower than
expected. [ID:nWNAB7304]
 Shares rose 9 percent to $7.34.
 (Reporting by Ryan Vlastelica; Editing by Kenneth Barry)

 

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