JPMorgan Chase, CF Industries, Johnson & Johnson, Manitowoc are among market movers Friday

By AP
Friday, January 15, 2010

JPMorgan Chase, CF Industries are movers

NEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE:

JPMorgan Chase & Co., down $1.01 at $43.68

The bank’s profit more than quadrupled, but its quarterly revenue fell short of expectations and loan losses increased.

Manitowoc Co. Inc., up 65 cents at $13.70

Shares of the industrial equipment maker hit a 15-month high on its plan to refinance debt by selling $400 million in notes.

CF Industries Holdings Inc., up $2.23 at $95.42

The chemical manufacturer said it had withdrawn its offer to acquire a rival fertilizer company and it is no longer pursuing the deal.

Johnson & Johnson, down 54 cents at $64.56

The pharmaceutical expanded a recall of over-the-counter medications, and federal prosecutors accused it of paying kickbacks to boost sales.

NASDAQ:

Bare Escentuals Inc., up $5.33 at $18.07

Japan’s Shiseido Co. is buying the San Francisco company, known for its mineral-based makeup, in a $1.7 billion deal.

Fifth Third Bancorp, down 41 cents at $11.36

An analyst downgraded his rating to “Neutral” from “Outperform” and said a recent rally in the stock has left shares fairly priced.

CTC Media Inc., down 62 cents at $15.11

A Credit Suisse analyst wrote that regulations passed in December could cut into Russian broadcaster

China Automotive Systems Inc., down $2.21 at $21.03

A Merriman analyst downgraded the Chinese auto parts supplier after the recent surge in its shares and margin concerns.

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