Big Movers in the Stock Market
NEW YORK (AP) _ Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market.
El Paso Corp., up $1.16 at $11.50
The energy company’s shareholders voted overwhelmingly to keep its current financial auditor despite auditing problems earlier in the year.
United States Steel Corp., up $3.30 at $51.25
A reported supply shortage in Asia boosted steel stocks.
W.R. Grace & Co., down 63 cents at $13.20
The chemical company said it could face federal indictments in 2005 if it cannot settle charges of environmental violations before then.
Cavalry Bancorp Inc., up $3.57 at $22.57
The banking company declared a special $1.50 dividend and raised its quarterly dividend.
Genta Inc., down 38 cents at $1.27
Clinical trials for the company’s proposed cancer treatment failed to live up to expectations.
United Therapeutics Corp., up $3.97 at $45.51
The Food and Drug Administration approved the company’s Remodulin drug for use in treating hypertension.