- The Washington Times - Wednesday, March 18, 2009

NEW YORK (AP) - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

General Mills Inc., down $6.03 at $47.63

Profit dropped 33 percent on higher costs and a stronger dollar though sales of top brands like Cheerios increased.

MetLife Inc., up $4.37 at $25.56

The insurer said its capital position is strong and that its investment portfolio is well positioned to weather a shaky market.

Bank of America Corp., up $1.40 at $7.67

Chief executive Ken Lewis reportedly said the bank could repay the government’s $45 billion investment as early as this year.

Actuant Corp., down 39 cents at $8.01

The manufacturer of motion control systems and electrical supplies expects full-year profit and sales below Wall Street estimates.

NASDAQ

Adobe Systems Inc., up $2.22 at $21.35

Despite a decline, the Photoshop and Acrobat software maker beat Wall Street expectations with adjusted first-quarter profit.

Sun Microsystems Inc., up $3.92 at $8.89

Sources say IBM is in talks to buy it for at least $6.5 billion in cash, a deal that would shake up the corporate computing market.

Charming Shoppes Inc., up 31 cents at $1.50

Losses from continuing operations in the fourth quarter were narrower than expected, the women’s apparel retailer said, but an expected double-digit decline in same-store sales will likely cause a first-quarter loss.

Somanetics Corp., up $1.76 at $15.31

The medical device maker said quarterly profit rose 27 percent, as overseas sales nearly doubled and U.S. revenue edged higher.

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