NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE General Motors Corp., down 33 cents at $1.71 The Treasury Department has asked it for a bankruptcy plan by June 1. GM has said it would prefer to reorganize without bankruptcy. Genworth Financial Inc., down 49 cents at $2.26 Shares fell further as an analyst downgraded the insurer after it last week nixed efforts to buy a Minnesota-based bank and failed to qualify for bailout funds. Seagate Technology, down 31 cents at $6.34 The hard drive maker said third quarter sales will top expectations, but it will stop paying its quarterly dividend. MEMC Electronic Materials Inc., down $2.76 at $16.18 The stock plunged following the silicon wafer supplier's disappointing sales outlook for the first quarter, announced last week. Gannett Inc., up 31 cents at $4.06 Fund manager Ariel Investments LLC said in a SEC filing that it had more than doubled its investment in the media company. Boeing Co., down $2 at $37.15 The airplane maker said it would cut production next year. Analysts responded by slashing profit expectations and stock price targets. SPX Corp., down $9.72 at $43.91 The industrial equipment maker said the recession is hurting demand for its products and cut its earnings guidance for the year. NASDAQ Express Scripts Inc., up $7.64 at $56.81 The prescription benefits manager is buying health insurer WellPoint Inc.'s NextRX subsidies for $4.68 billion in cash-and-stock.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
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