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