Apple and Williams rise as the market climbs; AmEx tumbles

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

NYSE

Schlumberger NV, up $3.75 to $65.20

The world's largest oilfield services company said it cut 10,000 jobs and also said it will buy back $10 billion in stock.

American Express Co., down $7.58 to $55.06

The credit card company plans to cut $1 billion in spending in response to the strong dollar and tough competition.

Williams Cos., up $3.70 to $19.74

The pipeline company rose as energy prices continued to bounce back.

General Electric Co., down 35 cents to $28.24

GE's fourth-quarter revenue fell short of analysts' estimates and its industrial division struggled.

D.R. Horton Inc., up $1.06 to $27.71

Home building stocks rose after the National Association of Realtors said sales of previously occupied homes jumped almost 15 percent in December.

Legg Mason Inc., down 56 cents to $31.21

The asset manager took a big loss and its revenue fell short of analyst forecasts.

Kansas City Southern, up $2.87 to $67.41

The railroad's shares rose after its fourth-quarter profit surpassed Wall Street projections.

Nasdaq

Apple Inc., up $5.12 to $101.42

The world's most valuable publicly traded company led a rally in tech stocks.