General Motors, Qwest, Apple Are Big Movers
NEW YORK (AP) ¿ Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
General Motors Corp., up 1 cent at $1.44
Bondholders' approaching decision on whether to swap for equity and details of a labor deal shook shares as the bankruptcy deadline loomed.Qwest Communications International Inc., up 32 cents at $4.33 An analyst upgraded the telecommunication company, saying it had strong revenue trends and its guidance was conservative. Borders Group Inc., up 26 cents at $2.57 The bookseller gained ahead of announcing first-quarter results, as a measure of consumers' confidence soared, boosting retail stocks. Polo Ralph Lauren, up $4.36 at $54.38 The apparel maker traded up after a consumer sentiment measure vaulted higher than analysts had expected, pulling up many retail stocks.
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