- The Washington Times - Thursday, March 19, 2009

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


Citigroup Inc., down 48 cents at $2.60

The struggling bank plans to increase the number of its common shares outstanding and may execute a reverse stock split.

FedEx Corp., up $2.05 at $45.10

Quarterly profit tumbled 75 percent on severe weakness in the global economy and the package delivery company will cut more jobs.

Discover Financial Services, down 96 cents at $6.28

The credit card lender is reducing its dividend and remained profitable in the quarter due to a favorable lawsuit settlement.

Barnes & Noble Inc., up 99 cents at $22

Adjusted quarterly profit for the nation’s largest bookstore chain beat Wall Street expectations, though sales fell.

Alcoa Inc., up 92 cents at $6.40

The aluminum maker expects to raise $1.3 billion from stock and convertible note sales, and a JPMorgan analyst upgraded shares.

General Electric Co., down 19 cents at $10.13

The conglomerate said its hard-hit finance unit could earn up to $5 billion this year, despite a U.S. recession and global slowdown.

Winnebago Industries Inc., down 29 cents at $5.15

Quarterly sales of recreation vehicles fell as locked-up credit markets make it difficult for consumers to get financing.


Cisco Systems Inc., down 27 cents at $16.23

The computer networking gear maker will buy Pure Digital, maker of the popular Flip Video camcorder, for about $590 million in stock.

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