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Circuit City among Wall Street movers


Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Circuit City Stores Inc., down $1.92 at $8.65

The consumer electronics retailer's second-quarter loss was much wider than the Street had anticipated.

Goldman Sachs Group Inc., down $1.97 at $203.53

Shares fell, even though the world's biggest investment bank posted third-quarter results that beat analyst forecasts, showing that it fared much better during August's credit troubles and market volatility than most anticipated.

Motorola Inc., up 47 cents at $17.82; Nokia Corp., up 21 cents at $36.79

The two cell phone makers were upgraded by an analyst at Cowen & Co., who said the sector should benefit from an upcoming shortage of handsets later this year.

NASDAQ

Nasdaq Stock Market Inc., up 49 cents at $36.51

The Nasdaq sold a nearly 20 percent stake to Borse Dubai and took control of the Nordic exchange operator OMX. The deal also made Borse Dubai and a group from Qatar the largest stakeholders in the London Stock Exchange.

BioCryst Pharmaceuticals Inc., down $3.78 at $8.00

The company's flu drug peramivir did not significantly improve flu symptoms compared with a placebo in a mid-stage trial.

ACI Worldwide Inc., down $2.97 at $23.51

The provider of software for electronic payment systems swung to a third-quarter loss and lowered its 2007 earnings and revenue guidance.

Copyright 2007 AP News
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Author:Staff
Publication:AP News
Date:Sep 20, 2007
Words:228
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