Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

AMR, NYT, CarMax, Adobe among big market movers

Send a link to a friend

[September 23, 2010]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

  • AMR Corp., down 60 cents at $6.28

    Analysts said the third quarter revenue forecast from the owner of American Airlines was too weak.

  • The New York Times Co., down 52 cents at $7.45

    The newspaper publisher expects a loss in the third quarter, saying growth in digital ad sales will not make up for print ad declines.

  • CarMax Inc., up $2.04 at $26.16

    Quarterly profit rose nearly 5 percent at the used car dealership chain as auto sales and customer prices increased.

  • General Mills Inc., 96 cents at $36.63

    Higher prices and stronger sales of cereals, yogurts and other products boosted the food maker's quarterly profit by 12 percent.

Library

  • Jefferies Group Inc., down $1.25 at $23

    The investment bank's quarterly net income fell by almost half, missing analyst expectations, because of lower trading volumes.

NASDAQ

  • Adobe Systems Inc., down $6.27 at $26.67

    The Photoshop software maker's revenue outlook disappointed because of tame demand in Japan and from the U.S. education market.

[to top of second column]

  • Brocade Communications Systems Inc., up 61 cents at $6.26

    Online reports that IBM was interested in buying the computer networking equipment maker lifted shares.

  • EBay Inc., down 40 cents at $24.34

    The e-commerce company said the president of eBay Marketplaces, its largest unit, is stepping down without an immediate replacement.

[Associated Press]

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

< Recent articles

Back to top


 

News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor