[R]2:00 PM New York – The Goodyear Tire & Rubber Company led gainers in the S&P 500 index with a rise of 6.7%. Abercrombie & Fitch Co declares quarterly dividend. Agilent Technologies, Inc fourth quarter earnings fall 89%. Nordstrom, Inc third quarter sales rise.[/R]

Of the stocks in S&P 500 index, 314 increased, 176 declined and 10 were unchanged.

Nordstrom, Inc led the decliners in the S&P 500 index with a loss of 5.2% followed by losses in Advanced Micro Devices, Inc of 4.1%, in Sunoco, Inc of 2.5%, in Micron Technology, Inc of 2.3% and in MBIA Inc of 1.8%.

The Goodyear Tire & Rubber Company led gainers in the S&P 500 index with a rise of 6.7% followed by gains in J. C. Penney Company, Inc 5.3%, in Juniper Networks, Inc of 4.5% and in Abercrombie & Fitch Co of 4.0%.

Other Movers

Abercrombie & Fitch Co (ANF: chart) increased 6.4% or $2.37 to $39.13 after the teenage clothing retailer reported third quarter sales fell 14.6% to $765.4 million from $896.3 million a year ago. Net income in the quarter fell 39.3% to $38.8 million or 44 cents per diluted share compared to net income of $63.9 million or 72 cents per share a year ago.

Agilent Technologies, Inc (A: chart) added 3.5% or 97 cents to $28.40 after the measurement company reported fourth quarter revenues fell 21% to $1.17 billion from $1.48 billion a year ago. Net income in the quarter fell 89% to $25 million or 7 cents per diluted share compared to net income of $231 million or 64 cents per share a year ago.

Blockbuster Inc (BBI: chart) plunged 13.2% or 11 cents to $0.72 after the provider of media entertainment said third quarter revenues fell 21.5% to $910.5 million from $1.16 billion a year ago. Net loss in the quarter was $116.8 million or 60 cents per diluted share compared to net loss of $20.6 million or 11 cents per share a year ago.

Copa Holdings, S.A (CPA: chart) decreased 0.1% or 5 cents to $47.20 after the provider of airline passenger and cargo service said third quarter revenues fell 7.2% to $323.7 million from $348.9 million a year ago. Net income in the quarter rose 87.4% to $43.1 million or 99 cents per diluted share compared to net income of $23.0 million or 53 cents per share a year ago.

Darling International Inc (DAR: chart) slipped 3.1% or 22 cents to $6.80 after the provider of rendering, recycling and recovery solutions to the food industry said third quarter sales fell 32.3% to $159.9 million from $236.2 million a year ago. Net income in the quarter fell 30% to $16.1 million or 19 cents per diluted share compared to net income of $23.0 million or 28 cents per share a year ago.

ESCO Technologies Inc (ESE: chart) plunged 14.3% or $5.37 to $31.99 after the maker of radio frequency shielding and filtration products said that its board of directors has voted to initiate a quarterly cash dividend payable at an annual rate of 32 cents per share. The first quarterly dividend of 8 cents per share will be paid on January 19, 2010 to stockholders of record as of January 4, 2010.

The Goodyear Tire & Rubber Company (GT: chart) added 6.2% or 86 cents to $14.60 after the tire maker was upgraded to “buy” from “neutral” by Goldman Sachs Group Inc.

J. C. Penney Company, Inc (JCP: chart) gained 4.6% or $1.36 to $30.75 after the department-store operator reported third quarter sales fell 3.2% to $4.18 billion from $4.32 billion a year ago. Net income in the quarter fell 78.2% to $27 million or 11 cents per diluted share compared to net income of $124 million or 56 cents per share a year ago.

Liberty Global, Inc (LBTYA: chart) fell 9.2% or $2.13 to $20.97 after the cable media content company agreed to acquire Unitymedia for an equity purchase price of €2.0 billion ($3.0 billion), from its parent, which is owned by a group of private equity shareholders led by BC Partners and Apollo.

Lime Energy Co (LIME: chart) the provider of energy efficiency engineering plunged 21.9% or $1.39 to $4.95.

Nordstrom, Inc (JWN: chart) declined 4.7% or $1.65 to $32.86 after the department store operator said third quarter revenues rose 4.3% to $1.96 billion from $1.88 billion a year ago. Net income in the quarter rose 17% to $83 million or 38 cents per diluted share compared to net income of $71 million or 33 cents per share a year ago.

Sunoco, Inc (SUN: chart) fell 3.0% or 84 cents to $26.38 after the refiner was downgraded to “sell” from “neutral” at Goldman Sachs Group Inc.

Penford Corporation (PENX: chart) rose 5.5% or 36 cents to $6.86 after the maker of natural-based ingredient systems for industrial and food applications reported fourth quarter sales rose 124% to $70.8 million from $31.6 million a year ago. Net loss in the quarter was $34.8 million or $3.12 per diluted share compared to net loss of $20.9 million or $1.87 per share a year ago.

PetSmart, Inc (PETM: chart) rose 3.4% or 86 cents to $25.56 after the pet-store chain was upgraded to “buy” from “neutral” at Goldman Sachs Group Inc.

Teekay Corporation (TK: chart) after the provider of international crude oil and petroleum product transportation services reported third quarter sales fell 43% to $500.4 million from $880.9 million a year ago. Net loss in the quarter was $142.2 million or $1.96 per diluted share compared to net income of $103.1 million or $1.41 per share a year ago.

Telestone Technologies Corporation (TSTC: chart) surged 19.1% or $1.93 to $12.01 after the Chinese maker of wireless gear said third quarter revenues increased 124.7% to $18.9 million from $8.4 million a year ago.