Apple (AAPL) Among Big Movers on Wall Street
Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
IBM Corp., down 23 cents at $96.97; Siemens AG, up $1.01 at $98.59.
Both companies were awarded a 10-year $9.3 billion contract from the German Federal Armed Forces. The deal calls for the two companies to modernize non-military information and communications technologies.
Alcoa Inc., unchanged at $30.02.
Morgan Stanley lowered its fourth-quarter estimates due to the strike at the aluminum producer's Cleveland Works facility. There are also concerns about the weak dollar's effect on the company's profit margins.
Citigroup Inc., down 53 cents at $55.88.
The biggest U.S. financial company moved lower on reports it might be interested in buying a stake in Chinese budget carrier Spring Airlines.
NASDAQ
Apple Computer Inc., down 65 cents at $80.87.
Federal prosecutors are examining the management of stock options that were allegedly falsified to maximize the profitability for executives. Chief Executive Steve Jobs is said to have received 7.5 million stock options in 2001 without proper board approval.
Openwave Systems Inc., up 70 cents at $9.52.
Investment group Harbinger Capital Partners plans to nominate two directors to the company's board, stepping up a proxy battle as the company attempts to buy back shares and cut operating costs.
Jupitermedia Corp., up 32 cents at $8.03.
The technology company said it plans to acquire JustTechJobs.com, though terms of the deal were not released.
Published by AP
NYSE
IBM Corp., down 23 cents at $96.97; Siemens AG, up $1.01 at $98.59.
Both companies were awarded a 10-year $9.3 billion contract from the German Federal Armed Forces. The deal calls for the two companies to modernize non-military information and communications technologies.
Alcoa Inc., unchanged at $30.02.
Morgan Stanley lowered its fourth-quarter estimates due to the strike at the aluminum producer's Cleveland Works facility. There are also concerns about the weak dollar's effect on the company's profit margins.
Citigroup Inc., down 53 cents at $55.88.
The biggest U.S. financial company moved lower on reports it might be interested in buying a stake in Chinese budget carrier Spring Airlines.
NASDAQ
Apple Computer Inc., down 65 cents at $80.87.
Federal prosecutors are examining the management of stock options that were allegedly falsified to maximize the profitability for executives. Chief Executive Steve Jobs is said to have received 7.5 million stock options in 2001 without proper board approval.
Openwave Systems Inc., up 70 cents at $9.52.
Investment group Harbinger Capital Partners plans to nominate two directors to the company's board, stepping up a proxy battle as the company attempts to buy back shares and cut operating costs.
Jupitermedia Corp., up 32 cents at $8.03.
The technology company said it plans to acquire JustTechJobs.com, though terms of the deal were not released.
Published by AP
Labels: AAPL, Alcoa, Apple Computer Inc., C, MS
posted by Stock Administrator @ 5:00 PM
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