Northwest, Crocs, J&J among big market movers Tuesday

NYSE

Northwest Airlines Corp., down 64 cents at $10.58

Analysts forecast more consolidation in the airline sector, after Delta Air Lines and the carrier agreed to combine in an all-stock transaction and create the world's largest airline.

Johnson & Johnson, down 28 cents at $65.46

Strong sales of consumer products, favorable exchange rates and a year-ago charge lifted first-quarter earnings above Wall Street expectations.

US Bancorp, up 2 cents at $31.69

Losses stemming from the mortgage crunch caused first-quarter earnings to slip 4 percent, the country's seventh-largest bank said.

Bear Stearns Cos., down 1 cent at $10.10

Profit tumbled 79 percent in the fiscal first quarter and came in shy of Wall Street expectations for the bank that is being purchased by JPMorgan Chase & Co.