- The Washington Times - Friday, March 20, 2009

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


Xerox Corp., down $1 at $4.34

The copier maker cut its forecast for first-quarter profit nearly 80 percent on restructuring costs and a slowdown in tech spending.

ConAgra Foods Inc., up 49 cents at $15.07

An analyst says strong sales of its top food brands, including Healthy Choice and Chef Boyardee, will add up to a solid quarter.

General Electric Co., down 59 cents at $9.54

Several analysts lowered their earnings forecasts a day after GE said its finance unit could just break even this year.

Cabot Corp., down 96 cents at $9.33

Due to a weak market for a rubber compound ingredient, an analyst downgraded the specialty chemicals maker to “neutral.”

Consolidated Graphics Inc., down $3.38 at $11.79

Citing “the worst overall business environment” since it was founded in 1985, the commercial printer cut its fourth-quarter outlook.

Johnson & Johnson, up $1.61 at $51.67

A UBS analyst upgraded the drug maker to “buy” a day after an FDA panel voted to recommend approval of an anticlotting drug.


LM Ericsson Telephone Co., down 99 cents at $8.31

The mobile phone maker warned it expects to post a first-quarter pretax loss due to falling consumer demand amid the global recession.

Ticketmaster Entertainment Inc., down 12 cents at $3.97

The ticket-selling company declined to provide a financial forecast and analysts said its quarter was weak.

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