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Morgan Stanley, eBay, Carnival are big movers

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[January 20, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Bank of America Corp., up 16 cents at $6.96

The bank made $2 billion in the fourth quarter, reversing a loss from a year ago, by selling debt and its stake in a Chinese bank.

Morgan Stanley, up 93 cents at $18.28

The bank posted a fourth-quarter loss of $275 million, its first since early 2009, but it was smaller than what investors expected.

Carnival Corp., up $1.36 at $31.91

A Nomura analyst said that the cruise operator's recent stock drop after one if its ships capsized in Italy was an "overreaction."

Nasdaq

eBay Inc., up $1.17 at $31.51

The online auctions company reported that its net income grew sharply in the fourth quarter, beating Wall Street's expectations.

F5 Networks Inc., up $11.54 at $120

Thanks to strong sales in Asia and North America, the information technology company said its fiscal first quarter profit rose.

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Acadia Healthcare Co. Inc., down 6 cents at $11.48

A Citi analyst initiated coverage of the operator of behavioral health facilities buy giving the company's stock a "Buy" rating.

SLM Corp., up 26 cents at $14.55

The Newark, Del.-based student loan lender, also known as Sallie Mae, said its net income rose 14 percent in fourth quarter.

Johnson Controls Inc., down $3.12 at $32.46

The auto parts maker said that its fiscal first-quarter net income rose 9 percent on higher demand from its auto industry customers.

[Associated Press]

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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