(Updates to afternoon trade, adds Northrop, Caterpillar and
Temple-Inland )
NEW YORK, April 22 (Reuters) - Some U.S. stocks to on the
move on Wednesday:
AT&T INC (T.N)
Shares of the communications company, a Dow component, rose
3.3 percent to $26.11 after it reported first-quarter results
that beat expectations. For more see [ID:nN22461975].
BOEING CO (BA.N)
Shares of the plane maker, a Dow component, rose 1.9
percent to $37.38 after it reported its first-quarter results
and affirmed its production schedule. [ID:nN21472694]
MORGAN STANLEY (MS.N)
Shares fell 6.5 percent to $23 after the financial services
company reported a first-quarter loss and cut its dividend to 5
cents in a move to enhance its capital. [ID:nN22534760]
WELLS FARGO (WFC.N)
Shares of the bank rose 2.7 percent to $19.34 after it
reported a first-quarter profit in line with its prior outlook.
[ID:nN22525562]
MCDONALD'S CORP (MCD.N)
Shares of the fast food chain, a Dow component, fell 1.7
percent to $54.66 after it reported its first-quarter results.
[ID:nN22406912]
CATERPILLAR (CAT.N)
Shares rose 6.1 percent after JPMorgan upgraded the company
to "overweight" from "neutral." [ID:nBNG366642]
ALTRIA GROUP (MO.N)
The tobacco company reported first-quarter earnings that
topped expectations by a penny. [ID:nN22413495]
Shares rose 3 percent to $17.23.
KIMBERLY-CLARK (KMB.N)
The company reported first-quarter earnings that were down
from the prior year but beat expectations by a penny.
[ID:nBNG438236]
Shares fell 0.5 percent to $49.70.
FREEPORT-MCMORAN COPPER & GOLD (FCX.N)
Shares of the metal company rose 0.6 percent to $40.95
after it reported its first-quarter results. [ID:nN22411505]
TEMPLE-INLAND (TIN.N)
Shares of the packaging and building products maker soared
19 percent to $8.66 after it reported first-quarter results
that beat estimates. [ID:nN22529755]
NORTHROP GRUMMAN (NOC.N)
Shares of the defense contractor rose 1.3 percent to $48.49
after it raised its full-year outlook. [ID:nN22529127]
RYDER SYSTEM (R.N)
Shares of the shipping company rose 8.8 percent to $26.45
after it reported adjusted first-quarter results that beat
expectations. [ID:nN22525503]
INGERSOLL-RAND (IR.N)
Shares advanced 15 percent to $19.16 after it reported a
quarterly loss that was narrower than expected.
[ID:nN21289251]
T ROWE PRICE GROUP (TROW.O)
Shares rose 3.8 percent to $37.62 after the money manager
reported first-quarter results and said it would cut 5.5
percent of its work force. [ID:nN21484394]
IMATION (IMN.N)
Shares rose 10 percent to $10.38 after it reported its
first-quarter results. [ID:nWNAB6054]
P.F. CHANG'S CHINA BISTRO (PFCB.O)
Shares of the restaurant operator surged 24 percent to
$33.48 after it reported first-quarter earnings that beat
expectations and increased its full-year earnings forecast.
[ID:nN22523861]
CHEMED CORP (CHE.N)
Shares fell 3.1 percent to $40.75 after it reported its
first-quarter results. [ID:nWNAB6057]
