Big Movers in the Stock Market
NEW YORK (AP) _ Stocks that were moving substantially or trading heavily Monday on the New York Stock Exchange and Nasdaq Stock Market.
Alcoa Inc., up $1.99 at $22.03
The world’s largest aluminum producer reported quarterly operating profits that beat analysts’ estimates by 4 cents per share.
Altria Group Inc., up $1.29 at $29.59
Its Philip Morris tobacco unit asked an Illinois court to reduce the amount of bond it needed to appeal a $10.1 billion verdict.
J.C. Penney Company Inc., up 44 cents at $20.73
The retailer said it expects April same-store sales to be flat, citing weak sales in the first week of the month.
PACCAR Inc., up 87 cents at $55.76
Prudential cut the manufacturer of big-rig trucks’ stock rating to ``hold″ from ``buy.″
Siebel Systems Inc., up 51 cents at $8.26
The technology company warned that its first-quarter earnings would fall below Wall Street’s estimates.
Geron Corp., up 79 cents at $6.54
The biopharmaceutical company said it had positive preliminary results in a clinical trial of its prostate cancer vaccine.