The major indices rallied after a morning sell-off to close the last session of the week in positive territory. The Dow gained 0.4%, the S&P 0.3% added while the Nasdaq rose 0.3%.
Here are Friday’s winners and losers
Winners:
Sprint Nextel Corp. (S)
Takeover chatter on the trading floor pushed the communications provider up 9.7%. Sprint shares last traded at $4.28 up 38 cents on the day.
E*Trade Financial Corp. (ETFC)
A Goldman Sachs upgrade helped the online financial services provider rise 8.2%. ETFC shares closed at $1.84 a gain of 14 cents on the day.
Baker Hughes Inc. (BHI)
The oilfield services provider gained 7.9% on news of a bid for projects in Saudi Arabia along with projections of higher oil prices. BHI shares ended Friday at $44.01 up $3.23 on the day.
Harmon International Industries (HAR)
The audio equipment manufacturer still riding the BMW wave after announcing Thursday it would be official equipment provider for the luxury auto as it closed up 7.2%. HAR shares finished the last session of the week at $32.47 a gain of $2.17 on the day.
BJ Services Co. (BJS)
Another oilfield services provider moving up to end the week as it added 6.9%. BJS shares closed at $19.82 up $1.27 on the day.
Losers:
Eastman Kodak Co. (EK)
The camera and film manufacturer continued its slide losing 6.6% on plans to raise capital. EK shares last traded at $5.54 down 39 cents on the day.
Coventry Health Care Inc. (CVH)
The health-care services provider another big loser for the week as it posted a 5.6% loss Friday. CVH shares ended the session at $20.60 a loss of $1.23 on the day.
Vulcan Materials Company (VMC)
The construction aggregate producer followed sector trends as it traded lower by 4.1%. VMC shares closed at $57.42 down $2.48 on the day.
International Paper Co. (IP)
The paper manufacturer slumped in the second half of the week and fell 4% Friday. IP shares last traded $23.14 a loss of 96 cents on the day.
Citigroup Inc. (C)
The financial giant continued volatile trading after announcing earlier this week it wants to buy back the governments stake in the bank. Citi shares closed Friday at $4.26 down 16 cents on the day.
Genesco posts $2.7 million second quarter net lossMarket Winners & Losers: Harris Corp, E*Trade
