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Campbell Soup, Lowe's among big market movers

By Associated Press May 19, 2008 Comments (0)

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Stocks that are moving substantially or trading heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Campbell Soup Co., down $2.25 at $33.70

Adjusted to exclude gains from the sale of its Godiva business, profit missed expectations, as ingredient costs rose.

Lowe's Cos., down 64 cents at $24.25

The country's No. 2 home improvement retailer posted a nearly 18 percent lower quarterly profit and cut its yearly earnings outlook.

General Motors Corp., up 19 cents at $20.87

American Axle & Manufacturing Holdings Inc., one of the auto maker's biggest suppliers, reached a tentative labor deal with the United Auto Workers.

NASDAQ

Electronic Arts Inc., down $1.17 at $48.43

For a third time, the video game publisher has extended the deadline for its $2 billion tender offer to buy rival Take-Two Interactive Software Inc.

Yahoo Inc., up 2 cents at $27.68

Microsoft Corp. made an offer to team up with, but not buy, the Internet portal, and an analyst upgraded the stock to "Buy."

Amazon.com Inc., up $5.83 at $82.29

A Goldman Sachs analyst added the Web-based retailer to a list of preferred stocks, expecting the stock to rise as more customers shop online.

Dell Inc., down 11 cents at $21.20

Chief Financial Officer Donald J. Carty, who helped lead the computer maker's turnaround, has resigned and a successor has been named.

Pacific Ethanol Inc., up $1.94 at $5.14

When adjusted to exclude a charge, the ethanol producer's first-quarter results topped Wall Street expectations.

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