Clorox, Petrohawk, Citi are big market movers

AP News
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Posted: Jul 15, 2011 5:30 PM
Clorox, Petrohawk, Citi are big market movers

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

NYSE

Clorox Corp., up $6.12 at $74.55

Activist investor Carl Icahn is offering to take the consumer products company private in a $10.2 billion deal.

Petrohawk Energy Corp., up $14.68 at $38.17

BHP Billiton Ltd. said it will buy the oil company for $12.1 billion, which would give it more access to U.S. shale gas assets.

Citigroup Inc., down 64 cents at $38.38

The New York-based bank reported its sixth straight quarter of profit as losses from failed loans declined.

Nasdaq

Google Inc., up $68.68 at $597.62

Under its new CEO Larry Page, the Internet search leader posted second-quarter earnings that were far better than expected.

News Corp., up 21 cents at $15.64

Two top executives of the media company, in the U.S. and in Britain, resigned as its phone hacking scandal widened.

Mattel Inc., up 50 cents at $27.29

The toy maker said strong sales of Barbie and toys tied to the film "Cars 2" helped its second-quarter net income rise 56 percent.

Flir Systems Inc., down $3.19 at $28.92

The maker of thermal-imaging systems said that weak demand in its government-systems division weighed on second-quarter results.

Vical Inc., up 31 cents at $4.61

The drug developer said that it signed a licensing deal with Astellas Pharma to develop a drug for stem-cell transplant patients.