Saturday, July 26, 2014





GE, Morgan Stanley, RIM are market movers


February 20. 2013 2:42AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:


NYSE


General Electric Co., up 74 cents at $22.04


The conglomerate said that its net income rose 8 percent in the fourth quarter as earnings at all its industrial segments improved.


State Street Corp., up $2.98 at $53.36


The financial company said it plans to lower expenses by cutting 630 jobs, or about 2 percent of its worldwide workforce.


Morgan Stanley, up $1.63 at $22.38


The New York-based investment bank reported a profit in the fourth quarter, reversing a loss in the same period a year ago.


Johnson Controls Inc., down 95 cents at $31.01


The heating and ventilation systems maker reported a 17 percent decline in its first-quarter net income and posted a weak outlook.


Capital One Financial Corp., down $4.60 at $56.99


The lender said that its fourth-quarter net income grew more than twofold, and revenue rose by 38 percent, but results missed analysts' expectations.


Nasdaq


Intel Corp., down $1.43 at $21.25


The chipmaker said that its fourth-quarter net income fell 27 percent from the previous year as PC sales continued to weaken.


Netflix Inc., up $1.47 at $99.17


A Janney Capital Markets analyst upgraded the video-streaming company to a Buy and said it could see long-term growth.


Research In Motion Ltd., up 93 cents at $15.84


A Jefferies analyst upgraded the BlackBerry maker to a Buy rating ahead of the launch of its long-delayed new smartphones.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds