United Technologies, Staples among big movers

NYSE

United Technologies Corp., down 97 cents at $69.76

The conglomerate's Carrier Corp. unit will raise prices on Carrier and Bryant heating, ventilation and air conditioning products in North America due in part to rising commodity costs.

Lehman Brothers Holdings Inc., down $3.22 at $30.61

The Wall Street Journal reported the investment bank may be mulling a fundraiser worth about $3 billion to $4 billion to short up its battered balance sheet.

General Motors Corp., up 14 cents at $17.58

The automaker is closing four truck and sport utility vehicle plants in the U.S., Canada and Mexico as spiking fuel prices push consumers toward smaller vehicles.

Abercrombie & Fitch Co., down $2.36 at $68.62

An analyst downgraded the teen apparel maker and cut its price target, saying the company's shares likely won't grow in the short-term as sales stay stagnant.