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Wal-Mart, Wendy's among big market movers



By AP
13 May 2008 @ 01:21 pm EST

NEW YORK - Stocks that are moving substantially or trading heavily Tuesday on the New York Stock Exchange and Nasdaq:

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Quotes
WMT 53.01 -2.87
WEN 3.6 -0.42
HPQ 33.44 -1.84
EDS 24.96 0
BAC 12.85 -3.4
CFC 4.25 -0.17
TJX 20.29 -2.53
LIZ 2.11 -0.74
FLR 41.61 -3.93
IOMI 6.59 0.01

SYMBOL LOOKUP

NYSE

Wal-Mart Stores Inc., down $1.32 at $56.70

Higher energy and food costs caused the world's largest retailer to forecast second-quarter profit mostly below expectations.

Wendy's International Inc., up 7 cents at $26.75

The hamburger chain's incoming chief executive forecast job cuts, following its purchase by Arby's owner Triarc Companies Inc.

Hewlett-Packard Co., down $3.28 at $43.55

The computer and printer maker is buying Electronic Data Systems Corp. for $12.6 billion, or $25 per share, to expand its service business.

Bank of America Corp., down 61 cents at $36.83

The country's second-largest bank forecast higher losses in its home equity portfolio, but remains on track to close its purchase of Countrywide Financial Corp.

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 This material may not be published, broadcast, rewritten or redistributed.

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