Las Vegas Sands, Disney, UBS, Ford, Synaptics among big movers on stock market Friday

By AP
Friday, July 31, 2009

Las Vegas Sands, Disney, UBS, Ford are big movers

NEW YORK — Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market.

Las Vegas Sands Corp., down $1.80 at $9.35

Analysts said traffic was slowing at casinos and cited concerns about the company’s capital position after it posted a quarterly loss.

Ford Motor Co., up 61 cents at $8

The debt sale by the automaker’s financing arm and a likely sales benefit from “cash for clunkers” legislation boosted shares to a 52-week high.

UBS AG, up 95 cents at $14.74

The U.S. and Swiss governments said they had a settlement in the Swiss bank’s tax evasion case, and a judge canceled next week’s trial.

Walt Disney Co., down $1.10 at $25.12

The entertainment company posted a 26 percent profit drop, and some analysts said weak consumer spending would weigh on earnings.

PerkinElmer Inc., down $1.46 at $17.63

The health and industrial sciences company cut its profit outlook for the year, saying drug developer customers are cutting spending.

Anadys Pharmaceuticals Inc., up 80 cents at $2.60

The drug developer, which currently has no products on the market, said regulators approved the study design of a hepatitis C treatment.

Synaptics Inc., down $11.88 at $23.97

Two analysts downgraded their ratings on the maker of touch-screen technology after it issued disappointing sales guidance.

YRC Worldwide Inc., down 29 cents at $1.40

A deeper-than-expected loss alarmed Wall Street, and a Stifel Nicolaus analyst said the trucker could run out of cash this year.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :