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Policy: Economy

GM and Liberty Media are big market movers

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News,Business,Economy,GM,Financial Markets

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

NYSE

General Motors Co., up 30 cents to $34.09

Despite the upturn, a steady drumbeat of revelations about botched recalls dragged shares of the automaker down almost 10 percent this week.

Barrick Gold Corp., up 12 cents to $20.91

As Russia mobilizes near the Ukraine border, gold prices are hitting six-month highs near $1,400 per ounce, benefiting miners.

Aeropostale Inc., down $1.47 to $5.83

The retailer hit 52-week lows after losses widened and it cut a financing deal that could give one investor a larger stake.

General Mills Inc., down $1.24 to $49.77

The maker of Cheerios, Yoplait and Betty Crocker issued a weak outlook, citing lower demand for its products in developed markets.

Nasdaq

Liberty Media Corp., up $9.11 to $135.25

The communications and entertainment company controlled by billionaire John Malone dropped its bid to buy the rest of Sirius.

Strayer Education Inc., down 29 cents to $46.03

The White House has proposed rules that could cut federal funding to higher-education training programs based on default rates.

Keurig Green Mountain Inc., up $7.09 to $113.25

The single-serve coffee machine maker cut a new deal with Starbucks ditching an exclusivity clause to give it more flexibility.

Hibbett Sports Inc., down $2.14 to $55.70

Fourth-quarter profits slumped as the sporting goods store saw traffic decline amid fierce winter storms over the holidays.

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