Big Movers in the Stock Market
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NEW YORK (AP) _ Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market.
Lockheed Martin Corp., up $1.02 at $49.92
The defense contractor reported better-than-expected third-quarter earnings Friday and is a strong candidate for a major Pentagon contract to be awarded soon.
Enron Corp., down 95 cents at $15.40
The company said Thursday it has drawn down its $3 billion credit line and is reportedly seeking additional lines of credit.
Baker Hughes Inc., up $1.74 at $36.76
The oil services company on Friday reported earnings that exceeded the expectations of analysts.
Amgen Inc., up 1.20 at $59.45
The biotech reported earnings Thursday that slightly exceeded expectations.
Worldcom Inc., up $1.07 at $13.38
The telecommunications firm reported earnings Thursday that matched expectations, but warned about slower sales growth in data and Internet operations for the final quarter and into next year.
JDS Uniphase Corp., down $1.19 at $8.77
The company reported Thursday that its first-quarter losses grew 20 percent as the optical networking equipment maker continued to struggle through the economic slowdown.
Ericsson, up 13 cents at $4.48
The troubled cellular equipment maker said late Thursday that its chairman will not seek re-election.