Ford, Rosetta Stone, Amazon.com, Johnson Controls among big market movers Friday
By APFriday, July 23, 2010
Ford, Rosetta Stone, Amazon.com among big movers
NEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Ford Motor Co., up 63 cents at $12.72
The automaker posted a strong second-quarter profit but trimmed its sales forecast and predicted weaker results in the second half.
Rosetta Stone Inc., down $3.66 at $21.86
Two executives in two months have said they will leave the language software company before the rollout of a major new product.
DeVry Inc., up $7.78 at $59.29
Strict new government regulations proposed Friday should let the company’s schools continue to receive government loan funds.
Johnson Controls Inc., down $1.37 at $29.11
The auto battery maker’s quarterly net income more than doubled, but it narrowed its profit outlook for the year.
NASDAQ
Amazon.com Inc., down $1.20 at $118.87
The online retailer posted second-quarter earnings laden with heavy operating costs that surprised investors.
Apple Inc., up 92 cents at $259.94
The technology company delayed the release of the white version of its new, popular iPhone 4 until late this year, rather than in July.
SanDisk Corp., down $1.67 at $41.43
The flash memory maker’s CEO and founder plans to retire at the end of the year, and the chief operating officer will replace him.
E-Trade Financial Corp., up $1.01 at $14.36
The online brokerage posted its first quarterly profit in three years as it recorded fewer loan losses in its banking business.
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