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.
Ford Motor Co., up 78 cents at $16.02
The automaker raised its 2003 earnings outlook, citing strong sales of its new F-150 truck.
ConAgra Foods Inc., up 72 cents at $26.20
The packaged foods company reported quarterly earnings that came in higher than expectations.
Wal-Mart Stores Inc., up 71 cents at $53.06
The discounter said December same-store sales were currently falling at the lower end of its 3 percent to 5 percent growth estimate.
Inspire Pharmaceuticals Inc., down $3.34 at $13.01
The Food and Drug Administration requested an additional clinical study on the company’s potential treatment of dry eye syndrome.
Esperion Therapeutics Inc., up $11.89 at $34.59; Pfizer Inc., up 30 cents at $34.57
Pfizer agreed to buy the drug development company for $1.3 billion.
Mentor Graphics Corp., up 34 cents at $14.14
Adams Harkness raised the software company’s stock rating to ``strong buy″ from ``buy.″