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Big Movers in the Stock Market

May 1, 2001

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


Procter & Gamble Co., up $4.07 at $64.12

The consumer goods company reported third-quarter earnings increased 19 percent, beating Wall Street expectations. A drop in net sales was blamed on unfavorable exchange rates.

Pulte Homes Corp., down $3.78 at $43; Dell Webb Corp., up $4.76 at $38.56

Pulte Homes Corp. is acquiring Arizona-based retirement community pioneer Del Webb Corp. for stock worth about $800 million.

McDonald’s Corp., up 14 cents at $27.64

The fast-food restaurant chain is reshuffling its management team, according to published reports.


Dell Computer Corp., down $1.24 at $25.05

Citing worries about the company’s performance in the weakened economy, Merrill Lynch increased its risk rating of the stock and lowered earnings estimates.

Priceline.com Inc., up $1.14 at $5.99

The online travel agent’s rating was upgraded by Goldman Sachs to ``market outperformer″ from ``market performer″ in anticipation of the release of first-quarter results.

Expedia Inc., up $1.96 at $27.97

The online travel agency’s chief executive told Dow Jones the company sees fiscal 2002 revenue growing by about 50 percent. The company said Monday it turned a profit a year ahead of expectations.

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