GE and Urban Outfitters are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
General Electric Co., up 57 cents to $24.82
The industrial conglomerate reported higher quarterly profit and revenue, and the results exceeded Wall Street expectations.
Morgan Stanley, up 69 cents to $33.22
The investment bank reported a doubling of its quarterly profit and a boost in revenue, beating Wall Street expectations.
SunEdison Inc., up $1.05 to $16.62
The solar energy technology company is considering investing up to $2 billion to build a factory in China, according to Bloomberg News.
Schlumberger Ltd., up $3.33 to $93.97
The oilfield services company reported better-than-expected quarterly profit, partly spurred by North American drilling activity.
Cliffs Natural Resources Inc., down 76 cents to $8.74
The mining company will take a charge of $6 billion to write down its seaborne iron ore and coal assets.
Nasdaq
Athenahealth Inc., down $8.73 to $111.76
The medical billing and malpractice management software maker reported worse-than-expected third-quarter profit.
Urban Outfitters Inc., down $4.94 to $29.62
The retailer said a negative sales trend is continuing and could adversely impact the company's third-quarter results.
Repros Therapeutics Inc., down $4.20 to $6.31
The biotechnology company faces a delay in an FDA review of its testosterone drug Androxal because of insufficient information.