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HEADLINE STOCKS-U.S. stocks on the move on May 1

Fri May 1, 2009 9:58am EDT

Stocks

   
 (Updates to add Chevron, Washington Post, American Axle,
Clorox and Continental Airlines)
 NEW YORK, May 1 (Reuters) - Some U.S. stocks on the move on
Friday:
 AON CORP AOC.N
 The insurance broker reported adjusted first-quarter
results that missed expectations. [ID:nN30520661]
 Shares of Aon fell 13 percent to $36.89.
 CITIGROUP INC (C.N)
 The bank will sell its Japanese brokerage and key
investment banking units to Sumitomo Mitsui Financial in a $5.9
billion deal. [ID:nBNG446757]
 Shares of Citigroup, a Dow component, rose 0.7 percent to
$3.08.
 MASTERCARD INC (MA.N)
 The credit card company reported first-quarter earnings
that beat expectations but said its 2009 revenue would miss
expectations. [ID:nWNAB1894]
 Shares fell 7.6 percent to $169.48.
 CHEVRON CORP (CVX.N)
 The oil company, a Dow component, reported first-quarter
earnings that met expectations but were down from the prior
year. [ID:nN0182269]
 The stock fell 0.4 percent to $65.83.
 WASHINGTON POST CO (WPO.N)
 Shares of the newspaper company fell 3.3 percent to $405
after it swung to a first-quarter loss, hurt by restructuring
and buyout charges. [ID:nN01323693]
 HARTFORD FINANCIAL GROUP (HIG.N)
 METLIFE INC (MET.N)
 The two companies late Thursday reported quarterly results
that were worse than expected, hurt by weak macroeconomic
conditions. [ID:nN30224266]
 Hartford shares dropped 11 percent to $10.19 while MetLife
shed 7.1 percent to $27.65.
 CLOROX CO (CLX.N)
 Shares of the company fell 0.6 percent to $55.72 after it
reported a sharp increase in its third-quarter profit but
forecast weaker sales growth because of a stronger dollar.
[ID:nN01342943]
 AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL.N)
 Shares of the auto parts supplier rose 9 percent to $1.09
after it reported its quarterly results. [ID:nN01256686]
 CONTINENTAL AIRLINES (CAL.N)
 The airline said it made temporary cuts to its seat
capacity to Mexico because of lower demand as a new strain of
flu spreads. [ID:nN01296232]
 Shares rose 1 percent to $10.62.
 CORUS BANKSHARES CORS.O
 The bank on Friday said that actions taken by regulators
may negatively impact its ability to continue as a going
concern.
 It also hired an investment bank to seek all strategic
alternatives, including a capital investment, sale, strategic
merger or some form of restructuring. [ID:nBNG70869]
 Shares of Corus rose 5 percent, or 1 cent, to 22 cents.
 DEAN FOODS CO (DF.N)
 The dairy company reported a rise in its first-quarter
profit on lower milk costs and interest expense.
[ID:nN01291914]
 Shares slid 5.4 percent to $19.61.
 FORTUNE BRANDS INC (FO.N)
 The company reported first-quarter results that met
expectations. [ID:nN01543053]
 Shares were 3.5 percent to $40.71.
 PNM RESOURCES INC (PNM.N)
 Shares of the company rose 3.6 percent to $8.83 after it
reported its first-quarter results and affirmed its 2009
outlook. [ID:nWNAB1795]
 TECO ENERGY INC (TE.N)
 The company reported first-quarter earnings that beat
expectations and gave a 2009 earnings outlook. [ID:nWNAB1793]
 Shares rose 1.9 percent to $10.79.
 LIFEPOINT HOSPITALS INC (LPNT.O)
 The company reported first-quarter earnings and revenue
that were above expectations. [ID:nWNAB1797]
 Shares rose 11 percent to $28.64.
 PHH CORP (PHH.N)
 The company reported its first-quarter results, which
included revenue that was below expectations. [ID:nWEN8330]
 Shares slid 2.3 percent to $16.39.
 BANK OF AMERICA CORP (BAC.N)
 The bank's board is not planning to remove CEO Kenneth
Lewis after he was ousted as chairman under shareholder
pressure, according to a report on the Wall Street Journal's
website. [ID:nN30263359]
 Shares of the bank, a Dow component, fell 1.3 percent to
$8.80.
 NICOR INC (GAS.N)
 The gas company reported first-quarter earnings that beat
expectations and gave a 2009 earnings outlook that was above
consensus. [ID:nWNAB1794]
 Shares edged 0.4 percent higher to $32.27.
 BIG 5 SPORTING GOODS CORP (BGFV.O)
 The sporting goods retailer posted better-than-expected
quarterly profits and forecast second-quarter earnings above
expectations. [ID:nBNG446701]
 Shares rose 32 percent to $10.85.
 AMAG PHARMACEUTICALS INC (AMAG.O)
 The company was informed by the U.S. health regulator that
deficiencies noted at a facility manufacturing its experimental
anemia drug have been adequately addressed. [ID:nBNG451534]
 Shares rose 18 percent to $52.71.
 CHIQUITA BRANDS INTERNATIONAL INC (CQB.N)
 The banana distributor reported a first-quarter profit well
above analysts expectations. [ID:nBNG439313]
 Shares gained 20 percent to $9.10.
 ARIBA INC (ARBA.O)
 The procurement software company reported adjusted
quarterly earnings that estimates by a penny and forecast
better-than-expected third-quarter earnings. [ID:nBNG453226]
 Shares rose 11 percent to $10.64.
 ATHENAHEALTH INC (ATHN.O)
 The provider of Internet-based billing and other services
to physicians reported first-quarter results below
expectations. [ID:nBNG441323]
 Shares rose 7.2 percent to $34.03.
 (Reporting by Ryan Vlastelica; Editing by Kenneth Barry)




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