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Microsoft, JPMorgan Chase among big movers



By AP
02 June 2008 @ 04:21 pm EST

NEW YORK - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

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Quotes
JPM 41.64 4.96
BSC 6.99 -0.27
MT 29.17 -2.33
WB 5.15 1.55
MAR 18.76 1.07
WM 0.16 0
MSFT 21.5 -0.8
HPQ 37 -1.5
ABMD 13.12 0.35

SYMBOL LOOKUP

NYSE

JPMorgan Chase & Co., down 85 cents at $42.15

The investment bank has assumed control over Bear Stearns Cos., ending a months-long ordeal after its storied rival collapsed amid the subprime mortgage mess.

Arcelor Mittal, down $1.39 at $97.62

The steel maker said it is unlikely five workers trapped inside a Kazakhstani mine are alive after a gas discharge sent hundreds of tons of coal cascading.

Wachovia Corp., down 40 cents at $23.40

The bank's board of directors asked CEO Ken Thompson to resign, and said current chairman, Lanty Smith, will temporarily take the company's reigns.

Marriott International Inc., down 72 cents at $32.19

The hotel operator expects North American growth in revenue from each available room to slip in the second quarter due in part to the economic slowdown.

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 This material may not be published, broadcast, rewritten or redistributed.

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