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Exxon Mobil, Home Depot, Starbucks among big market movers

By Associated Press May 1, 2008

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

NYSE

Exxon Mobil Corp., down $3.37 at $89.70

Record crude prices lifted profit to $10.9 billion for the world's largest publicly traded oil company, but it still missed lofty expectations.

The Home Depot Inc., up $1.07 at $29.87

Amid a slumping U.S. economy, the home improvement chain said it will close 15 stores nationwide, affecting 1,300 employees.

Las Vegas Sands Corp., down $4.29 at $71.93

Poor tourism in Las Vegas and competition in Macau caused the casino giant to post an $11.2 million loss in the first quarter.

Marathon Oil Corp., up $2.34 at $47.91

Despite weak results at its refining business, the oil and gas company's profit rose 2 percent on high oil prices.

Eastman Kodak Co., down 67 cents at $17.22

The photography products company posted a smaller quarterly loss, but higher costs caused earnings to come in worse than expected.

Burger King Holdings Inc., down 20 cents at $27.70

Store openings abroad and new menu items lifted profit 21 percent and above Wall Street expectations.

Walt Disney Co., up 87 cents at $33.30

For an undisclosed sum, the entertainment company bought the Disney Store chain in North America from retailer Children's Place Retail Stores.

NASDAQ

Starbucks Corp., up 42 cents at $16.65

Soft consumer spending hurt quarterly profit, but analysts touted the coffee retailer's plans to slow domestic growth.

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DocumentId: 635651, ~/articles/articlehandler.aspx, 5/17/2008 7:31:09 AM

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