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

Fri Apr 24, 2009 1:59pm EDT
 
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 (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 (F.N)
 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. [ID:nN24400235]
 3M CO (MMM.N)
 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. [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 4.3 percent to
$30.99.
 SCHLUMBERGER (SLB.N)
 The oilfield services company reported first-quarter
earnings that beat expectations. [ID:nN24396663]
 The stock rose 6.2 percent to $49.52.
 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 4.9 percent to $6.02.
 ITT CORP (ITT.N)
 The manufacturer reported its first-quarter results and cut
its full-year outlook. [ID:nN24395794]
 Shares slid 2.2 percent to $41.38.
 STANLEY WORKS (SWK.N)
 The company reported its first-quarter results and gave a
full-year outlook. [ID:nWNAB7757]
 The stock rose 10 percent to $36.99.
 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 0.3 percent to
$3.19.
 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 8.3 percent to
$20.47.
 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 19 percent
to $25.01.
 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 $43.16.
 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 2.5 percent to $12.18.
 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 0.5 percent lower to $21.85.
 WESTERN DIGITAL (WDC.N)
 Shares of the hard disk drive marker fell 3.9 percent to
$20.94 after it reported its third-quarter results.
[ID:nN23363916]
 JUNIPER NETWORKS JNPR.O
 The stock surged 14 percent to $22 after it gave a
second-quarter outlook and said business was stabilizing.
[ID:nN23372652]
 IDEXX LABORATORIES (IDXX.O)
 Shares rose 4.7 percent to $40.03 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 6.5 percent to $59.65.
 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 18 percent to $18.79.
 ARCH COAL (ACI.N)
 Shares sank 9.3 percent after it reported a drop in its
quarterly profit and cut its outlook. [ID:nN24343634]
 DEVRY INC (DV.N)
 Shares rose 8.5 percent to $45 after it reported quarterly
results above expectations. [ID:nBNG443206]
 CEPHEID (CPHD.O)
 Shares gained 21.5 percent to $8.24 after it reported its
quarterly results and reaffirmed its outlook. [ID:nBNG83047]
 PMC-SIERRA INC (PMCS.O)
 Shares of the chipmaker rose 15 percent to $8.06 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 15 percent to $11.88.
 RIVERBED TECHNOLOGY (RVBD.O)
 Shares surged 25 percent to $18.24 after it gave a
second-quarter outlook that was above expectations.
[ID:nBNG438185]
 INTERACTIVE BROKERS GROUP INC (IBKR.O)
 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.
[ID:nBNG381861]
 DATA DOMAIN INC (DDUP.O)
 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.
[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 21 percent to $8.24.
 (Reporting by Ryan Vlastelica; Editing by Kenneth Barry)

 

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