Big Movers in the Stock Market

AP Online
10-14-2003
Dateline: NEW YORK
Stocks that were moving substantially or trading heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market.

NYSE

First Data Corp., down $2.48 at $37.38

Analysts saw weak trends in an earnings report from the parent of Western Union, although results matched expectations.

State Street Corp., up $2.46 at $52.25

Greater fee revenue and cost-cutting boosted third-quarter earnings at the financial-services company, beating Wall Street expectations by 9 cents a share.

Beverly Enterprises Inc., down 45 cents at $5.25

The operator of nursing home received a federal subpoena after it notified regulators of an internal investigation into past billing practices.

NASDAQ

United Online, down $5.98 at $24.94

The Wall Street Journal reported AOL is planning to launch a cut-rate Internet service to compete with United Online's NetZero and Juno services.

Documentum Inc., up $4.01 at $28.43

Data storage company EMC Corp. said it would buy Documentum, which makes management software, for $1.7 billion in stock.

Lumenis Ltd., up $1.16 at $2.43

The Israeli company received Food and Drug Administration approval late Monday for a laser that treats diseases of the eye.

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