Palm, Boeing, Lions Gate, Lloyds, Weatherford, SunPower among big market movers Friday

Palm, Boeing, Lions Gate, Lloyds are big movers

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

NYSE:

Weatherford International Ltd., down 91 cents to $16.07

A Jefferies analyst downgraded the oil services company, citing the threat of a pending Foreign Corrupt Practices Act settlement.

DirecTV Inc., down $1.18 to $33.50

A Goldman Sachs analyst downgraded the stock to “hold” from “buy,” saying that most good news about the company is already priced into the stock.

Lions Gate Entertainment Corp., up 6 cents to $6.03

Activist shareholder Carl Icahn launched an all-out bid to take over the movie studio following disagreements over its spending.

Lloyds Banking Group PLC, up 31 cents to $3.72

The part-nationalized bank said it expects a profit this year as trading has been strong and provisions for bad assets are not as large as previously forecast.

NASDAQ:

Palm Inc., down $1.65 to $4

After the company’s report of tepid quarterly sales of smart phones, investors worry the cell phone maker won’t be able to turn around its performance.

SunPower Corp., down $3.08 to $18.96

The solar-cell maker reported a sharp fall in fourth-quarter profits after restating earlier earnings due to accounting errors.

Synaptics Inc., down $1.38 to $26.28

An analyst downgraded the touch screen and button maker, saying it is facing a shrinking market share and falling prices.