Google, Citigroup, AT&T among big market movers Friday

NYSE

Google Inc., up $94.36 to $543.90

First-quarter results easily surpassed analysts' predictions, as the Internet search icon cut back on hiring to lower expenses.

Citigroup Inc., up $1.77 at $25.80

The country's largest bank posted a $5.1 billion quarterly loss because of poor bets on mortgages, but investors expected much worse.

AT&T Inc., up 24 cents at $37.81

The nation's biggest telecommunications company will cut about 4,600 jobs, or 1.5 percent of its staff, with the layoffs mostly among managers.

Caterpillar Inc., up $6.06 at $84.65

Global demand for the heavy equipment maker's mining products lifted first-quarter earnings 13 percent and above expectations.

Office Depot Inc., up 35 cents at $11.82

A dissident shareholders group dropped its proxy battle against the office products retailer and withdrew nominees for candidates to the board.

Honeywell International Inc., up $3.45 at $60.85

First-quarter profit rose 22 percent on higher sales and contracts from Embraer, Gulfstream and Airbus, the diversified manufacturer said.

Intuitive Surgical Inc., down $55.06 at $293.44

Quarterly profit soared 88 percent on strong sales of its da Vinci robotic surgical system, but the company's 2008 sales outlook missed expectations.

NASDAQ

E-Trade Financial Corp., up 36 cents at $3.98

Although the online broker posted a first-quarter loss, the company added 60,000 new customers the biggest increase since the 2005 fourth quarter.