Big Movers in the Stock Market
Jul. 27, 2004
NEW YORK (AP) _ Stocks that were moving substantially or trading heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market.
Cardinal Health Inc., down $6.95 at $43.52
The company said its annual report would be delayed due to the resignation of its chief financial officer.
DuPont, up 21 cents at $42.11
The chemical company missed estimates by a penny on its earnings, but issued a bullish outlook for the rest of the year.
Safeway Inc., down $1.34 at $20.53
The supermarket chain's profits dropped 4 percent from a year ago.
Cray Inc., down $2.09 at $2.96
The supercomputer maker was downgraded by two investment firms after a disappointing earnings report and lowered profit outlooks for 2004 and 2005.
L-3 Communications Holdings Inc., up $2.74 at $59.24
Second-quarter earnings rose 65 percent at the defense contractor.
US Airways Group Inc., up 2 cents at $2.40
Earnings doubled at the troubled airline, but the company warned of losses in the second half of the year.