Nike, Google, Borders Big Market Movers

NEW YORK (AP) -- Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:


Nike Inc., up $3.70 at $65.53 (NKE)

A weak dollar and strong sales abroad lifted the athletic shoe company's fiscal third-quarter profit above Wall Street expectations.

Borders Group Inc., down $2.05 at $5.05 (BGP)

Amid dwindling market share, the bookseller said it may put itself on the auction block or sell certain divisions.

Credit Suisse Group, down $2.58 at $47.27 (CS)

An internal investigation of securities valuations caused Switzerland's second largest bank to slash its 2007 profit forecast.

Carnival Corp., up $1.74 at $39.34 (CCL)

A 66 percent rise in fuel costs during the fiscal first quarter dragged down the cruise operator's profit, but it still managed to top expectations.

Barnes & Noble Inc., up $1.53 at $29.53 (BKS)

The nation's biggest bookseller posted a 9 percent lower fourth-quarter profit, but will boost its quarterly cash dividend by 10 cents to 25 cents.

FedEx Corp., up 10 cents at $86.33 (FDX)

High oil prices caused the shipping company to offer a fourth-quarter profit outlook that missed expectations among analysts.

Citigroup Inc., up $1.39 at $21.80 (C)

Trying to lower costs amid a credit crisis, the bank will cut 2,000 jobs along with the 4,200 job cuts already announced, a report said.


Google Inc., down $8.93 at $423.07 (GOOG)

Despite international gains, a weak U.S. economy caused an RBC Capital Markets analyst to cut his price target by around 21 percent on the Internet search engine operator.

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