| Time Warner, Intuit among big market movers By the Associated Press NEW YORK (AP) -- Stocks that are moving substantially or trading heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Time Warner Inc., up 9 cents at $16.24 The media conglomerate's board approved the split of its cable TV business, shifting the focus on its cable network, entertainment and publishing operations. Hewlett-Packard Co., down $1.66 at $44.80 Analysts focused on risks of a recent acquisition deal, despite the computer maker's 16 percent higher quarterly profit on growth abroad. BJ's Wholesale Club Inc., down $1.20 at $37.65 Discounts on food and fuel lured customers to the warehouse club operator's stores, but a weak economy is still crimping results. General Motors Corp., down 74 cents at $19.12 A string of labor problems facing the auto maker may soon end with a tentative agreement at a key assembly plant in Kansas City, Kan. AMR Corp., down $1.98 at $6.22 Given high fuel prices, the operator of American Airlines will charge $15 for the first checked bag, cut domestic flights and lay off workers. News Corp., down 17 cents at $19.52 Robert Thomson has been named managing editor of The Wall Street Journal after Marcus Brauchli resigned, serving less than a year on the job. NASDAQ Intuit Inc., up 93 cents at $28.14 Robust sales of tax-preparation and accounting programs lifted the financial software company's quarterly profit 21 percent. Red Robin Gourmet Burgers Inc., down $3.64 at $35.05 Soft consumer spending weighed on the casual dining chain's quarterly profit, which declined 3 percent and missed expectations. Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Neither these AP material nor any portion thereof may be stored in a computer except for personal and non-commercial use. AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |






