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SMALL BUSINESS
Motorola, Alcoa, Procter&Gamble are big movers
NEW YORK (AP) — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange:
NYSE:
Motorola Inc., up 78 cents at $8.74
The maker of communications equipment reported an unexpected quarterly profit as losses in its mobile phone division narrowed.
Alcoa Inc., up $1.07 at $13
The U.S.-based aluminum maker is working with China on the development of the country's newest and biggest commercial jetliner.
Procter&Gamble Co., up $2.31 at $59.54
The maker of Tide and Pampers reported strong first-quarter results and forecast a better outlook as consumers respond to price cuts.
Goodyear Tire&Rubber Co., down 46 cents at $13
The company<s profit more than doubled, but it predicted an operating loss in its key North American market this quarter.
Aetna Inc., up $1.33 at $26.65
The health insurer<s earnings grew on enrollment gains, but spiraling medical costs continued to hurt the company's core business.
Office Depot Inc., up 54 cents at $6.45
The office-supply chain<s third-quarter loss widened on restructuring charges and a continued sales slump amid the recession.
NASDAQ:
First Solar Inc., down $25.11 at $126.47
First Solar's profit jumped, but revenue fell short of expectations because of a contract that wasn't signed until the current quarter.
Symantec Corp., up $2.01 at $17.74
The antivirus software maker reported second-quarter earnings that exceeded expectations amid signs of stabilization in its business.