SLM, Carnival, Discover, E-Trade Are Big Movers

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

NYSE:

SLM Corp., up 42 cents at $8.11

The Department of Education chose the country's biggest student lender as one of the servicers of its loans to college students.

Carnival Corp., up $1.72 at $24.77

The cruise ship company cut its forecast because of rising fuel costs, but said booking volumes have picked up strongly for the year.

J.M. Smucker Co., up $4.22 at $47.86

The jams, jellies and Folgers coffee supplier said consumers are still staying home to eat, pushing its fourth-quarter profit higher.

Exelon Corp., up $2.03 at $50.46

The power company will eliminate 500 jobs, freeze executive pay and cut operations and maintenance spending by 3.5 percent this year.