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HP, DR Horton, Leap Wireless Are Friday Movers

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


Hewlett-Packard Co., down $1.43 at $21.25

A Jefferies analyst downgraded shares of the computer maker saying that tablet computers and smartphones could hurt its business.

Modine Manufacturing Co., down 54 cents at $5.94

The heating and cooling products maker said fourth-quarter net income rose, buts its 2013 outlook disappointed investors.

Iamgold Corp., up 98 cents at $11.65

A weaker than expected May U.S. job report pushed investors to buy gold, sending shares of gold miners like Iamgold up.

Smith & Nephew PLC, down $1.53 at $45.13

The medical device maker is withdrawing a metal liner used in hip replacements because it is "not satisfied" with its clinical results.

DR Horton Inc., down $1.39 at $15.21

Shares of home builders, including DR Horton, fell after the government released a weaker than expected May U.S. jobs report.


Leap Wireless International Inc., down 71 cents at $5.06

A BMO Capital Markets analyst downgraded the phone company's shares, saying its deal to sell a prepaid iPhone could hurt margins.

Vera Bradley Inc., down $2.06 at $19.81

A Citi analyst downgraded shares of the bag and accessories maker saying that he doesn't think the stock will move much higher.

OmniVision Technologies Inc., down $2.79 at $13.40

The maker of image sensors used in mobile phones said that its profit fell 92 percent in the fiscal fourth quarter as sales dropped.
Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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