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Sprint, Bank of America and FedEx are big market movers


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


Sprint Corp. (S), up 20 cents to $4.25

The telecommunications and wireless company plans to cut jobs and $2.5 billion in costs, according to The Wall Street Journal.

Bank of America Corp. (BAC), down 17 cents to $15.38

The bank's Merrill Lynch unit will face a shareholder lawsuit alleging a conflict of interest over its role in the $690 million sale of Zale Corp.

FedEx Corp. (FDX), up 81 cents to $145.52

Rival United Parcel Service Inc. is lobbying against the delivery service's buyout of TNT Express, according to media reports.

Supervalu Inc. (SVU), down 4 cents to $6.99

The grocery wholesaler and retailer said that President and CEO Sam Duncan will retire in February, at the end of the fiscal year.

T-Mobile US Inc. (TMUS), up 57 cents to $40.70

Hackers have stolen personal information belonging to about 15 million of the telecommunications company's wireless customers.

Barracuda Networks Inc. (CUDA), up $2.05 to $17.94

The cloud-based security and storage services provider said its board of directors approved a $50 million stock buyback program.


Micron Technology Inc. (MU), up $1.14 to $15.91

The chipmaker reported a drop in fiscal fourth-quarter profit on lower revenue, but the results met Wall Street expectations.

Silver Standard Resources Inc. (SSRI), up 64 cents to $6.79

The gold and precious metals mining company signed a deal with Golden Arrow Resources Corp. to explore a plot in Argentina.

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