The Gap and JPMorgan are big market movers

Published on NewsOK Modified: April 11, 2014 at 3:32 pm •  Published: April 11, 2014
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

JPMorgan Chase & Co., down $2.10 to $55.30

The nation's largest bank fell short of profit and revenue expectations as fee-based income took a hit across numerous categories.

The Gap Inc., down 89 cents to $38.40

Comparable-store sales took a beating in March and analysts with Sterne Agee blame a bland clothing line-up, not bad weather.

H&R Block Inc., down 78 cents to $27.64

The tax preparer found someone to acquire its banking business after a sale agreement with Republic Bank and Trust fell apart.

Ford Motor Co., unchanged at $15.63

Deutsche Bank sees domestic truck sales holding up as well as bigger profits from China, and it upgraded the automaker's stock to a "buy."

Nasdaq

Coldwater Creek Inc., down 6 cents to 13 cents

The women's retailer filed for Chapter 11 bankruptcy protection after failing to find a buyer or money to fund a turnaround.

Fastenal Co., down 87 cents to $49.86

First-quarter net income and revenue rose at the industrial and construction supply company, even as it ramped up retail hiring.

AutoNavi Holdings Ltd., up 60 cents to $20.65

First announced in February, Alibaba moves forward on its acquisition of the Chinese digital mapping company for around $1.5 billion.



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