NEW YORK (AP) - Stocks that are moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq:
NYSE
Arcelor Mittal, up $2.63 at $99.63
The world's largest steel maker posted a 5 percent jump in first-quarter profit, but an executive warned rising prices may pressure demand and the industry.
CBS Corp., down 66 cents at $24.16
It will spend $1.8 billion in cash, the equivalent of $11.50 per share, for online media company CNET Networks Inc. in a move to bolster its Internet presence.
General Motors Corp., up 59 cents at $20.78
The automaker and the Canadian Auto Workers union have inked a new contract that will freeze wage increases for three years, but include cost-of-living adjustments.
J.C. Penney Co., up $1.86 at $46.11
The retail icon's first-quarter profit slumped nearly 50 percent as consumers tightened their wallets, and the company guided for a "difficult" 2008.

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