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.
AT&T Wireless Services Inc., down 54 cents at $8.06
Morgan Stanley reduced its estimates and target price for the wireless services provider, citing pricing pressures in the broader sector.
UAL Corp., up $2.44 at $16.11
The parent company of United Airlines rose on speculation that the carrier’s mechanics would approve a new contract Tuesday. The agreement is a necessary step before UAL can continue with a financial recovery plan.
Scania AB, up $2.25 at $19.25
The Swedish automaker has signed an agreement to be one of the preferred suppliers of on-road trucks to Swiss-based Holcim Ltd. No financial details were provided.
Oracle Corp., down $2.47 at $13.52
The software maker said late Friday that it expects third-quarter results to be below Wall Street’s expectations.
Manugistics Group Inc., up $2.89 at $17.46
The software company said its fourth-quarter results should be higher than expected because of improved demand for its products.
Yahoo! Inc., up $1.37 at $17.98
The Web portal was upgraded to ``buy″ from ``hold″ by a CIBC World Markets analyst who said the company is successfully turning around its business.