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Walgreen, eBay, Nokia are market movers

Source : AP
Last Updated: Thu, Jul 19, 2012 21:31 hrs

Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Walgreen Co., up $3.65 at $34.62

The drug store chain said it signed a new agreement to begin filling prescriptions for customers in the Express Scripts network.

Safeway Inc., down 69 cents at $15.80

The grocery store operator's second-quarter profit fell 16 percent as it spent more on advertising and launched a new loyalty program.

Georgia Gulf Corp., up $3.82 at $32.67

The chemical company is buying the commodity chemicals business of PPG Industries Inc. in a deal worth about $2 billion.

Johnson Controls Inc., down $2.25 at $26.07

The auto parts maker posted disappointing fiscal third-quarter results and cut its sales growth prediction for the current quarter.

Nokia Corp., up 12 cents at $1.85

The cellphone maker said sales of its low-end phones lifted revenue and sales of the new Lumia phones were not as bad as feared.

Nasdaq

eBay Inc., up $3.49 at $43.95

The Internet company more than doubled its second-quarter net income on higher revenue from its PayPal online payments business.

Select Comfort Corp., up $5.83 at $27.60

The mattress maker's second quarter results beat expectations and it raised its full-year forecast. It also said it plans to open more stores.

Skyworks Solutions Inc., up $2.53 at $29.17

The company said that its third-quarter profit rose on stronger sales of its chips, which are used for cellphones and tablets.




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