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Merrill, IBM, Nokia, Harley among big market movers Thursday



By AP
17 April 2008 @ 05:32 pm EST

NEW YORK - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange:

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Quotes
IBM 100.62 -2.82
NOK 16.7 -1.05
HOG 31.95 -0.65
PFE 18.94 -0.06
SLM 9.59 -0.42
NYT 13.05 -0.17
MER 24.2 -2.47
MTG 7.84 0.09

SYMBOL LOOKUP

Merrill Lynch & Co., up $1.82 at $46.71

The world's largest brokerage will cut thousands of jobs following a bigger-than-expected first-quarter loss, but said April is shaping up to be a better month.

International Business Machines Corp., up $2.61 at $123.08

Despite broad economic troubles, strong performance in the U.S. and a weak greenback lifted quarterly earnings 26 percent.

Nokia Corp., down $4.74 at $28.95

Although demand from emerging markets lifted the mobile phone maker's first-quarter profit 25 percent, it missed expectations.

Harley-Davidson Inc., down 70 cents at $36.09

A 13 percent drop in domestic sales throttled profit for the motorcycle maker, which also plans to cut about 8 percent of its staff.

Pfizer Inc., down 70 cents at $20.40

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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