HEADLINE STOCKS-Some U.S. stocks on the move on Oct. 16

Fri Oct 16, 2009 3:16pm BST
 
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(Updates to after the open, adds Estee Lauder, MGIC, Williams-Sonoma, URS)

NEW YORK, Oct 16 (Reuters) - Some U.S. stocks on the move on Friday:

GENERAL ELECTRIC CO (GE.N), $15.99, down 4.8 pct

The conglomerate reported lower third-quarter earnings and revenue. While revenue missed expectations, profit was better than expected. [ID:nN16143307]

BANK OF AMERICA CORP (BAC.N), $17.20, down 4.9 pct

The Dow component reported a wider-than-expected third-quarter loss as improvement in its Merrill Lynch investment banking unit failed to offset consumer credit woes. [ID:nN15485899]

INTERNATIONAL BUSINESS MACHINE CORP (IBM.N), $122.90, off 3.9 pct

The technology company posted third-quarter earnings that beat expectations late Thursday and raised its full-year outlook. [ID:nN15266489]

HALLIBURTON CO (HAL.N), $30.63, up 2.6 pct  Continued...

 

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