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

Tue Jun 30, 2009 1:41pm EDT
 
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(Updates to afternoon trading; adds Amazon, Deere, Prospect Capital, Electronic Arts and Corn Products)

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 1.9 percent to $46.91 while J&J, a Dow component, was down 1.1 percent to $56.36.

CORN PRODUCTS INTERNATIONAL INC (CPO.N)

Shares fell 2.6 percent to $26.76 after the U.S. government said that farmers had planted their second-largest corn acreage since 1946, news that pushed corn prices down. [ID:nN30445883]

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 3.8 percent to $6.

AMAZON.COM INC (AMZN.O)

Cowen and Co upgraded the online retailer to "outperform" from "neutral," expecting the company to increase its market share in the United States. [ID:nBNG496542]

Shares were off 0.3 percent at $82.76.

ELECTRONIC ARTS INC (ERTS.O)

Bank of America Securities-Merrill Lynch upgraded the video game publisher to "buy" from "neutral," seeing upside to consensus estimates in the first and second quarters for the video game publisher. [ID:nBNG498753]  Continued...

 

Companies In This Article

Abbott Laboratories (ABT.N) Quote, Profile, Research
Johnson & Johnson (JNJ.N) Quote, Profile, Research
Corn Products International, Inc. (CPO.N) Quote, Profile, Research
Ford Motor Company (F.N) Quote, Profile, Research
Amazon.com, Inc. (AMZN.O) Quote, Profile, Research
Electronic Arts Inc (ERTS.O) Quote, Profile, Research
Prospect Capital Corporation (PSEC.O) 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
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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