HP, Coinstar, Baidu are big market movers

[October 29, 2011]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Goodyear Tire & Rubber Co., up 56 cents at $14.84

The tire maker posted a profit for the third quarter and said its revenue was up 22 percent as it pushed its high-end tires.

Hewlett-Packard Co., up 85 cents at $27.94

The technology conglomerate reversed its decision to spin off or sell its PC division -- a plan first brought on by a former CEO.

Advanced Micro Devices Inc., up 61 cents at $5.94

The chip-maker said that it had a profit in the third quarter, reversing a loss, thanks to strong demand for chips in laptops.

Cablevision Systems Corp., down $1.97 at $15.14

The cable company said that its third-quarter net income dropped sharply even though revenue grew as it lost video subscribers.

Aon Corp., down $2.13 at $47.99

The insurance broker said that its third-quarter earnings rose 38 percent, but its results missed Wall Street expectations.

Nasdaq

Coinstar Inc., down $3.73 at $49.22

The company that owns Redbox DVD rental kiosks said it is raising rental rates to $1.20 a day from its current daily rate of $1.

Deckers Outdoor Corp., up $11.48 at $117.66

The footwear maker said its third-quarter profit rose 48 percent on higher sales of its UGG boots, beating analyst expectations.

Baidu Inc., up $6.23 at $144.62

The Chinese search engine said its profit jumped 80 percent in the latest quarter thanks to strong usage growth of its website.

[Associated Press]

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