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Big Movers in the Stock Market

October 22, 2004

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


Marsh & McLennan Cos., up $1.94 at $26.79

According to media reports, chief executive Jeff Greenberg will resign due to New York’s attorney general investigation.

SBC Communications Inc., down 44 cents at $25.24

The telecommunications company matched Wall Street estimates for its third-quarter profits.

VISX Inc., down $2.62 at $16.60

The laser surgery company was cut to ``sector perform″ by RBC Capital Markets.


Broadcom Corp., down $4.06 at $26.41

The company surpassed Wall Street forecasts for its third-quarter profits, but warned of sluggish sales and lowered its outlook for future earnings.

Gilead Sciences Inc., down $3.43 at $33.25

The drug maker discontinued clinical trials of two HIV drugs that did not fare well in clinical trials.

PeopleSoft Inc., down 28 cents at $20.15

Uncertainty over Oracle Corp.’s bid for the company overshadowed a positive earnings report.

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