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Ford, General Mills, Calpine are among big movers
Wednesday, September 23, 2009 4:54 PM


(Source: Associated Press/AP Online)trackingBy The Associated Press

NEW YORK - The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE:

Ford Motor Co., up 35 cents at $7.36

The automaker is targeting the fast-growing Asian market, boosting production in the region, and will make a low-cost small car in India.

General Mills Inc., up $2.83 at $63.80

Cheaper ingredients and strong demand for the food maker's products grew first quarter profit, and it raised its outlook for the year.

US Airways Group Inc., down 71 cents at $4.52

The airline is selling 26.3 million shares to Citigroup Inc., with an option for 3.95 million more, diluting current stockholders.

CenturyLink, up $1.28 at $32.57

Morgan Stanley upgraded the telecommunications company, formerly known as CenturyTel Inc., saying a recent acquisition will help cut costs and share buybacks may return soon.

Calpine Corp., down $1.05 at $11.30

A major stockholder, hedge fund Harbinger Capital Partners, will offer 20 million shares of the power generation company to the public.

AutoZone Inc., down $11.42 at $141.50

The auto parts retailer's fourth-quarter profit dropped 3 percent due to an extra sales week in the year-ago period.

Cemex SAB de CV, up 5 cents at $13.05

A share offering should yield about $1.55 billion for the Mexican cement giant; meanwhile, EU regulators raided its Spanish offices.

NASDAQ:

Xilinx Inc., up $1.11 at $23.83

Shares hit a 12-month high after the chip maker said second-quarter sales will grow 10 percent rather than a previous 2 percent forecast.

A service of YellowBrix, Inc.



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