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SLM, Carnival, Discover, E-Trade are big movers
Thursday, June 18, 2009 5:22 PM


(Source: Associated Press/AP Online)trackingNEW YORK - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE:

SLM Corp., up 42 cents at $8.11

The Department of Education chose the country's biggest student lender as one of the servicers of its loans to college students.

Carnival Corp., up $1.72 at $24.77

The cruise ship company cut its forecast because of rising fuel costs, but said booking volumes have picked up strongly for the year.

J.M. Smucker Co., up $4.22 at $47.86

The jams, jellies and Folgers coffee supplier said consumers are still staying home to eat, pushing its fourth-quarter profit higher.

Exelon Corp., up $2.03 at $50.46

The power company will eliminate 500 jobs, freeze executive pay and cut operations and maintenance spending by 3.5 percent this year.

Discover Financial Services, up 36 cents at $9.27

The credit card lender had rising loan defaults and delinquencies in its second quarter, but a legal settlement helped it turn a profit.

Lions Gate Entertainment Corp., up 41 cents at $5.63

Billionaire investor Carl Icahn increased his investment in the boutique film studio to 19.8 million shares, or 17 percent of the company.

NASDAQ:

E-Trade Financial Corp., down 3 cents at $1.43

The online broker's stock tumbled for a second day after it announced its plan to raise capital from selling stock and swapping debt.

HLTH Corp., up $1.50 at $13.26

The company will complete its merger into its subsidiary, Web site operator WebMD Health Corp., in a deal worth about $1.2 billion.

A service of YellowBrix, Inc.



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