CIT Group, Pfizer, Microsoft, Ford big movers NEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE CIT Group Inc., down 32 cents at $2.46 Shares tumbled after multiple analysts cut their ratings on the diversified lender a day after it reported a wider-than-expected first-quarter loss.

How the Dow Jones industrials fared FridayInvestors set aside some of their worries about banks and the economy Friday after the government unveiled its methods for testing the health of banks. The Federal Reserve report was light on details, but didn't bring any bad news. Investors were also pleased about quarterly results from Ford Motor Co., American Express Co. and Microsoft Corp.

Hollywood in showdown over DVD 'ripper' SAN FRANCISCO — Hollywood calls it "rent, rip and return" and contends it's one of the biggest technological threats to the movie industry's annual $20 billion DVD market — software that allows you to copy a film without paying for it. On Friday, industry lawyers urged a federal judge to bar RealNetworks Inc. from selling software that allows consumers to copy their DVDs to computer hard drives, arguing that the Seattle-based company's product is an illegal pirating tool.

Charities see potential, risk with social networksTRAVERSE CITY, Mich. — Meredith Bowen was getting tired of requests from Facebook friends to exchange make-believe pansies, daffodils and tiny cartoon characters for her "(Lil) Green Patch," a virtual garden that sprouted on her social-networking page about a year ago.

Former Facebook exec Van Natta to be MySpace CEO NEW YORK — With MySpace falling behind Facebook as the world's largest online social network, MySpace tapped a former Facebook executive Friday as its new chief executive. Owen Van Natta, 39, replaces Chris DeWolfe, a co-founder of MySpace, who stepped down as chief executive Wednesday. News Corp., which owns MySpace, said Van Natta's new role begins immediately. If you are wondering about his profile, take a short look. He’s been at Facebook (social network) He’s been at Amazon (e-commerce) He’s been at Playlist (music) He’s ready to lead MySpace (social network, music, and advertising platform). Enviable or ridiculous?