Penney, Dell, Huntsman, Intuit are big movers
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Smith International Inc., up $4.35 at $37.70
The Wall Street Journal reported Schlumberger Ltd. is in advanced talks to acquire the Houston oil services company.
J.C. Penney Co., up $1.70 at $27.66
The department store chain posted fourth-quarter profit that surpassed its expectations and issued and upbeat forecast for 2010.
EnergySolutions Inc., down $1.44 at $6.35
Chairman and CEO Steve Creamer has resigned and will be succeeded as CEO by the nuclear services company's president.
Huntsman Corp., up 79 cents at $13.16
The chemicals maker posted a steep drop in profit versus year-ago results that were inflated by a hefty gain, but its revenue edged up.
CBS Corp., up 12 cents at $13.83
The broadcasting companys net profit slid as an improvement in the advertising market was offset by a big drop in political spending.
NASDAQ:
Dell Inc., down 96 cents at $13.47
Dell said its net income fell in the last quarter despite early signs that businesses may be starting to buy new computers again.
Apollo Group Inc., down $4.53 at $56.92
The for-profit education company said second quarter profit would likely fall below expectations on Wall Street.
Intuit Inc., up $2.40 at $32.72
Intuit said unit sales of its TurboTax federal income tax preparation products rose 11 percent early in this year's tax season.
Copyright 2010  AP News
