GE, Diamond Foods, Pall are big market movers

[December 10, 2011]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

E.I. du Pont de Nemours and Co., down $1.48 at $45.04

The chemical maker cut its 2011 profit guidance due to weak demand for electronics, industrial supplies and other items.

The Cooper Cos. Inc., up $9.65 at $67.81

The eye care company said its profit increased 18 percent in the fiscal fourth quarter as sales of its contact lenses improved.

Pall Corp., up $4.16 at $56.66

The filtration equipment maker reported better-than-expected adjusted earnings and a 16.5 percent jump in quarterly revenue.

General Electric Co., up 53 cents at $16.84

The industrial and electrical giant raised its quarterly dividend by 2 cents to 17 cents per share, its fourth rise in two years.

Texas Instruments Inc., up 2 cents at $29.94

The semiconductor maker lowered its fourth-quarter revenue and profit outlook citing weaker demand for products that use its chips.

Nasdaq

Diamond Foods Inc., up $14.01 at $40.56

A KeyBanc analyst said the snack maker's accounting probe will end quickly and that its Pringles acquisition will go through.

Blue Coat Systems Inc., up $7.63 at $25.11

The provider of Internet networking and security products agreed to be acquired by a private equity firm in a $1.3 billion deal.

Smith & Wesson Holding Corp., up 50 cents at $3.83

The gunmaker reported a smaller second-quarter loss because of improvements in its security division, which it is trying to sell.

[Associated Press]

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