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UnitedHealth, Starbucks, Apollo among big movers



By AP
02 July 2008 @ 05:04 pm EST

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

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Quotes
UNH 30.45 0.39
CC 1.8 0.06
BBI 2.4 0.04
ARM 15.01 -0.36
XOM 80.01 -1.17
SBUX 15.56 -0.42
APOL 63.68 -1.82
MSFT 27.29 -0.65
YHOO 19.38 -0.27
JRN 5.11 -0.14

SYMBOL LOOKUP

NYSE

UnitedHealth Group Inc., down 51 cents at $25.12

The health insurer will cut at least 4,000 jobs, or 5 percent of its staff, and warned that higher costs will crimp profit this year.

Circuit City Stores Inc., down 23 cents at $2.32

Blockbuster Inc. withdrew its takeover bid for the consumer electronics retailer, which still plans to review strategic alternatives.

ArvinMeritor Inc., down $1.13 at $11.21

The auto parts supplier noted soft industry conditions in North America, but global demand will lift fiscal third-quarter sales by 20 percent from a year ago.

Exxon Mobil Corp., down 94 cents at $87.41

A Bernstein Research analyst upgraded the oil company and said it's likely to outperform the broader market if oil prices continue to rise.

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 This material may not be published, broadcast, rewritten or redistributed.

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