Big Movers in the Stock Market
NEW YORK (AP) _ Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market.
News Corp., up 65 cents at $37.13
The parent company of the Fox News Channel and the Twentieth Century Fox movie studio reported quarterly earnings that beat analysts’ expectations.
Wal-Mart Stores Inc., up 69 cents at $58.61
Same-store sales rose 4.5 percent in October. That was at the higher end of analysts’ estimates.
Alliance Capital Management L.P., down 38 cents at $30.15
The company said it is cooperating with state and federal regulators as part of their probe into improper mutual fund trading.
Cisco Systems Inc., up $1.10 at $22.90
The leading maker of routers and switches reported higher-than-expected sales and profits; the company also expanded its outlook for the next quarter.
T. Rowe Price Group Inc., up $3.11 at $43.56
Merrill Lynch raised the mutual fund company’s stock rating to a ``buy″ from a ``neutral.″
Qualcomm Inc., up 7 cents at $46.66
The telecom company reported quarterly profit that met analysts’ estimates.