big market movers

AP News
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Posted: Oct 19, 2010 4:47 PM
big market movers

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Bank of America Corp., down 54 cents at $11.80

Media reports said the Federal Reserve Bank of New York is part of a group suing the bank over mortgage securities.

Goldman Sachs Group Inc., up $3.02 at $156.72

The bank's profitable trading business slowed significantly in the third quarter, but results topped analyst expectations.

Coca-Cola Co., up 34 cents at $60.34

Shares hit a 52-week high after quarterly net income rose more than 8 percent because of strong sales in the U.S. and overseas.

Capital One Financial Corp., up $1.53 at $38.76

The credit card issuer reported its profit more than doubled in the third quarter, easily beating Wall Street estimates.

SuperValu Inc., down $1.85 at $10.55

The grocery store chain posted a quarterly loss and cut its outlook for the year because of the weak economy.

Massey Energy Co., up $1.77 at $37.33

A media report said the coal company had formed a committee to review if it should sell itself to a rival or private equity firm.

NASDAQ

Apple Inc., down $8.51 at $309.49

Despite record earnings in the tech giant's most recent quarter, shares fell as sales of the iPad were short of analyst expectations.

Coldwater Creek Inc., down $1.89 at $3.47

The women's clothing company warned that it expects a loss and a drop in a key revenue measure in the third quarter.