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Big Movers in the Stock Market

June 1, 2001

NEW YORK (AP) _ Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market.


Houghton Mifflin Co., up $4.91 to $59.47

The Boston company, one of the country’s oldest publishers of educational materials, announced it will be acquired by the French entertainment company Vivendi Universal SA for $1.7 billion in cash.

Bellsouth Corp., down 83 cents to $40.40

Bellsouth, the dominant local phone company in the Southeast, warned that weak currency exchange rates in Brazil and Colombia will lower second-quarter earnings by at least a nickel a share.

Abbott Laboratories, down 31 cents to $51.67

Shares fell on reports that the Food and Drug Administration has said its Synthroid drug, used for treatment of thyroid problems, did not meet safety standards.


Frontier Airlines Inc., down $1.66 to $13.85

Shares fell after the Denver-headquartered airline said earnings in the April-June quarter would be in a range of 28 cents to 38 cents, considerably below the year-earlier 57 cents a share.

IXIA Inc., down $1.10 to $12.40

This Calabasas, Calif., which designs interface cards for fiber-optic and copper line networks, said second-quarter earnings would suffer from the slowdown in the telecommunications sector.

Immune Response Corp., down $2.99 to $1.91

Investors unloaded shares after the company reported its Remune therapy for HIV didn’t meet its primary goals.

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