Montag, 25. Mai 2009

Market Winners & Losers: Sears, General Motors

The last day of the week ended on a down note ahead of the three-day weekend. The Dow fell 0.18%, the S&P lost 0.15% and the Nasdaq lost 0.19%.

Here are Friday’s winners and losers:

Winners

Sears Holdings Corp. (SHLD)
Sears rocked the retail world with better-than-expected earnings, and investors cheered. The stock gained 10.4%, or $5.21, to close the week at $55.40.

Autodesk Inc. (ADSK)
The company’s better-than-expected profit and a series of analyst upgrades helped the stock jump 9.9% on Friday. ADSK shares gained $1.87 to close at $20.70.

Archer Daniels Midland Co. (ADM)
An upgrade by Citi helped shares of the agriculture-based company gain 5.1% on Friday. ADM shares ended the week at $27.17, a gain of $1.32 on the day.

Avon Products Inc. (AVP)
Analysts at Stifel Nicolaus gave Avon’s stock a ‘buy’ rating on Friday, sending shares up $1.16, or 4.7%, to settle at $25.80.

CME Group Inc. (CME)
CME shares jumped $13.17, or 4.7%, to close at $293.26 on Friday as gold and oil made gains.

Losers

General Motors Corp. (GM)
Despite concessions from the UAW, GM shares lost 25.5% Friday as its restructuring deadline looms. GM declined 49 cents to $1.43.

SLM Corp. (SLM)
The student lender gave up Thursday’s gains to settle at $5.77, a loss of 74 cents, or 11.4%.

Salesforce.com Inc. (CRM)
Concerns about the company’s revenue growth cost the stock 8.8% on Friday. CRM shares fell $3.50 to $36.15.

SunTrust Banks Inc. (STI)
Morgan Stanley dropped the downgrade bomb on the regional bank, which saw its shares sink 6% on Friday. STI closed the session at $13.71, a loss of 87 cents.

American International Group Inc. (AIG)
News of CEO Ed Liddy’s departure shook the stock as shares fell 5.6%. The stock closed the week down 10 cents at $1.70 a share.