Wells Fargo, AnnTaylor, H&R Block big movers

Stock quotes in this article: ANN , COL , DNA , GM , SNA , WFMI  

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

NYSE

Wells Fargo & Co., up 49 cents at $8.61

Following the lead of other banks, Wells said it will slash its dividend by 85 percent in an effort to save $5 billion annually.

AnnTaylor Stores Corp., down $2.13 at $3.41

The clothing retailer reported a wider loss in its fourth quarter due to hefty restructuring charges and a big drop in sales.

H&R Block Inc., up $1.36 at $18.68

Quarterly earnings surged as it prepared more early tax returns and saw smaller losses from discontinued operations.

Rockwell Collins Inc., up 38 cents at $28.35

A Goldman analyst upgraded the aerospace company to "neutral" from "sell," saying weaker jet sales are reflected in the stock.

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