New York, NY- Some of the market movers are from the sectors that were hit hard by the financial turmoil and lower consumer demand on rising unemployment rate and weakening credit market condition.

Shares of blue-chip component Chevron Corp. (NYSE: CVX) were rising on Thursday late morning session despite lower oil price, which have driven drown most of the energy stocks after plunging to more than 75 percent in December from peak level in July. The company is scheduled to provide an interim fourth quarter 2008 report with production updates after the bell today. Crude oil futures were moving down by 55 cents to $42.08 a barrel. The market analysts are expecting the company to post moderate gains in the quarter as crude oil prices retreated in December to nearly a four-year low and it plunged by as much as 11 percent to $32.40 on Dec. 19. The rates have been down over 70 percent from its record level on July 11, when oil hit a high price of $147.27 a barrel. On Dec. 17, the 13-member Organization of Petroleum Exporting Countries (OPEC) announced cut in front-month oil output by 2 million barrels per day in its scheduled meeting in Oran. Shares of the company were moving higher by 39 cents or 0.53 percent to $74.35 despite overall negative sentiment in the market.

Stocks of Healthways Inc. (NASDAQ GS:  HWAY) were moving down by 23 cents or 2.19 percent to $10.28. The company is expected to report earnings of 34 cents per share for the third quarter, according to analysts surveyed by Zacks Investment Research. The firm said earnings for the quarter ending Nov. 30 is expected to be between 34 cents per share and 37 cents per share, which is higher from 13 percent to 23 percent from the previous year in the same period.

Kb Home. (NYSE: KBH) shares were red as the investors await for the company to release earnings for the fourth quarter and fiscal year ended Nov. 30, 2008, before the market opens on Friday. The market analysts have bearish sentiment on homebuilder KB Homes, which has trying to sustain itself through the tight housing market conditions. The company has slashed its expenses and hand out pink slips to some of its employees. The Los Angeles-based company is projected to post its seventh-consecutive quarterly loss with earnings of $1.18 a share on revenue of $792.8 million for the quarter. Shares of one of the nation's largest homebuilders were moving down by 6 cents or 0.42 percent to $14.16 in late morning trading session on Thursday, after closing down at $14.22 yesterday.