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Article: Morgan Stanley Among Wall Street Movers
- Article from:
- AP Online
- Article date:
- March 21, 2007
CopyrightCopyright 2007 Associated Press/AP Online. This material is published under license from the publisher through YellowBrix, Alexandria, Virginia. All inquiries regarding rights should be directed to YellowBrix. (Hide copyright information)
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NEW YORK - Stocks that were moving substantially or trading heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Morgan Stanley, up $5.22 at $81.33.
The investment bank's fiscal first-quarter profit soared 69 percent amid robust trading and strong advisory fees from stock and bond underwriting.
FedEx Corp., down $1.30 at $110.99.
The package shipping company said a slowing economy, severe winter storms and lower fuel surcharges led to a 2 percent drop in profits and the company warned that a slowing economy could continue to hurt earnings.
Gateway Inc., down 8 cents at $2.30.
The computer maker said takeover rumors that propelled the stock higher this ...