Big Movers in the Stock Market
NEW YORK (AP) _ Stocks that were moving substantially or trading heavily today on the New York Stock Exchange and Nasdaq Stock Market.
United Parcel Service of America Inc., up 4 7/16 at 63 1/4
The Atlanta-based package-delivery company reported better-than-expected first-quarter earnings.
Boeing Co., up 2 13/16 at 40 1/16
A day after the Seattle-based aerospace company reported first-quarter earnings that topped Wall Street analysts’ expectations, Morgan Stanley Dean Witter upgraded its rating on the stock.
Texas Instruments Inc., up 2 at 145
The semiconductor company will split its stock two shares for one.
Commerce One Inc., up 7 9/32 at 55
The Pleasanton, Calif.-based provider of electronic-commerce software and services reported a narrower-than-expected first-quarter loss. Its revenues rose on growing demand worldwide for its technology used to build business-to-business marketplaces.
CNET Inc., up 6 9/16 at 38 1/16
The operator of Web sites and TV programming reported better-than-expected first-quarter earnings.
Informix Corp., down 5 at 11 15/16
The database software maker beat first-quarter earnings’ estimates, but signs of slowing revenue growth worried investors.
Official Payments Corp., down 11 1/2 at 5 1/4
The provider of electronic payment options to government units said its chief financial officer was leaving the company and its first-quarter losses widened compared with a year ago.