HEADLINE STOCKS-Some U.S. stocks on the move on June 30

Tue Jun 30, 2009 10:30am EDT
 
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(Updates to after the open, adds Corning, Vical, Geron/GE, Starwood/Choice, Broadcom/Emulex)

NEW YORK, June 30 (Reuters) - Some U.S. stocks on the move on Tuesday:

ABBOTT LABORATORIES INC (ABT.N)

JOHNSON & JOHNSON INC (JNJ.N)

A U.S. federal jury returned a $1.67 billion verdict against Abbott in a patent suit brought by Johnson & Johnson related to arthritis treatments, the drug companies said on Monday. For more see [ID:nN29459287].

Shares of Abbott fell 1.7 percent to $47 while J&J, a Dow component, was down 0.4 percent to $56.71.

FORD MOTOR CO (F.N)

The automaker late Monday forecast increased U.S. market share and said its sales would hold up much better than the rest of the industry. It also increased production. [ID:nN29399395]

Shares gained 3.3 percent to $5.97.

VISA INC (V.N)

The credit card company will deposit $700 million into a litigation escrow account. [ID:nN30430306]

Shares edged 0.1 percent higher to $63.01.

BROADCOM CORP (BRCM.O)

EMULEX CORP (ELX.N)

Broadcom late Monday raised its cash tender offer for Emulex to $192 million, in what it called a final effort to engage Emulex's board. [ID:nN29409334]

Broadcom shares rose 0.8 percent to $25.10 while Emulex was down 4.5 percent to $10.40.  Continued...

 

Companies In This Article

Abbott Laboratories (ABT.N) Quote, Profile, Research
Johnson & Johnson (JNJ.N) Quote, Profile, Research
Ford Motor Company (F.N) Quote, Profile, Research
Visa Inc. (V.N) Quote, Profile, Research
Broadcom Corp (BRCM.O) Quote, Profile, Research
Emulex Corporation (ELX.N) Quote, Profile, Research
The Bank of New York Mellon Corporation (BK.N) Quote, Profile, Research
The NASDAQ OMX Group, Inc. (NDAQ.O) Quote, Profile, Research
Geron Corp (GERN.O) Quote, Profile, Research
General Electric Company (GE.N) Quote, Profile, Research
Vical Inc (VICL.O) Quote, Profile, Research
Corning Incorporated (GLW.N) Quote, Profile, Research
Park Electrochemical Corp. (PKE.N) Quote, Profile, Research
Schnitzer Steel Industries Inc (SCHN.O) Quote, Profile, Research
American International Group, Inc. (AIG.N) Quote, Profile, Research
Starwood Hotels & Resorts Worldwide, Inc. (HOT.N) Quote, Profile, Research
Choice Hotels International, Inc. (CHH.N) Quote, Profile, Research
Bank of America Corporation (BAC.N) Quote, Profile, Research
State Street Corporation (STT.N) Quote, Profile, Research
Fedex Corporation (FDX.N) Quote, Profile, Research
Pfizer Inc. (PFE.N) Quote, Profile, Research
EXCO Resources, Inc. (XCO.N) Quote, Profile, Research
BG Group plc (BG.L) Quote, Profile, Research
JPMorgan Chase & Co (JPM.N) Quote, Profile, Research
Apollo Group, Inc. (APOL.O) Quote, Profile, Research
Momenta Pharmaceuticals, Inc. (MNTA.O) Quote, Profile, Research
Health Grades, Inc. (HGRD.O) Quote, Profile, Research
Associated Banc-Corp (ASBC.O) Quote, Profile, Research

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