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

Wed Sep 24, 2008 10:41am EDT
 
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 NEW YORK, Sept 24 (Reuters) -U.S. stocks on the move on
Wednesday:
 GOLDMAN SACHS (GS.N)
 Shares of Goldman Sachs were up 2.3 percent at $127.98
after the investment bank said Warren Buffett's Berkshire
Hathaway was investing $5 billion in the company. For details,
see [ID:nWNAB2519].
 SUNTECH POWER (STP.N)
 SUNPOWER CORP SPWR.O
 Solar energy companies SunPower Corp and Suntech Power rose
a day after the U.S. Senate approved a package to extend $18
billion in tax credits for use of renewable energy resources.
 SunPower shares rose to $95.84, up 9.5 percent from their
Tuesday's close at $87.51, while SunTech Power shares added 9
percent to $44.05. For details, see [ID:nWBT009802]
 CAPITAL ONE FINANCIAL CORP (COF.N)
 The credit card and banking company said on Tuesday it
expected to add $200 million this quarter to its reserves for
bad loans, but affirmed its 2008 financial outlook.
[ID:nN23409873]
 Shares were down 4.4 percent at $51.45 on the New York
Stock Exchange.
 WORTHINGTON INDUSTRIES INC (WOR.N)
 The metals processor posted quarterly profit that more than
tripled expectations, helped by strong sales at its metal
framing and steel processing segments and cost-cutting
measures. [ID:nBNG357379]
 Shares of the company rose 2.2 percent to $16.95.
 H.B. FULLER CO (FUL.N)
 The specialty chemical maker posted a third-quarter profit
that met analysts' revised estimates, after the company's
preliminary earnings report warned of lower profit due to
rising raw material costs. [ID:nBNG365502]
 Shares of the company fell 3 percent to $22.31 on the
NYSE.
 HARLEYSVILLE GROUP INC (HGIC.O)
 The property and casualty insurer said it will incur a
charge in the third quarter tied to its exposure to Lehman
Brothers Holdings Inc's (LEHMQ.PK) senior unsecured notes.
[ID:nBNG296989]
 Shares of Harleysville fell 1.4 percent to $38 on Nasdaq.
 HELIX ENERGY SOLUTIONS GROUP INC (HLX.N)
 The operator of offshore oil and gas properties said it
does not expect to meet its production outlook for 2008 due to
the impact of Hurricanes Gustav and Ike. [ID:nBNG292487]
 Shares of the company fell 3.5 percent to $26.50.
 CBRL GROUP INC (CBRL.O)
 The parent of the Cracker Barrel Old Country Store
restaurants and gift shops said all its Cracker Barrel units
were open and operating after some were shut following
Hurricane Ike. [ID:nBNG296206]
 Shares of the company fell 2.8 percent to $26.67 on
Nasdaq.
 (Reporting by Kristina Cooke and Steven C. Johnson in New York
and Purwa Naveen Raman in Bangalore; Editing by James
Dalgleish)

 

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