First Hour Biggest Stock Movers (NYSE:XRX, BP, PCG, GE)

Shares of Xerox Corporation (NYSE:XRX) is one of the most active blue-chip stock movers on Monday after Over the weekend analysts at Barron's called that the stock could be doubled n efforts by Chief Executive Ursula Burns to turn the copier giant into a data-services provider.

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Xerox Corporation (Xerox) provides a portfolio of document systems and services for businesses of any size. This includes printers, multifunction devices, production publishing systems, managed print services (MPS) and related software.

Shares of XRX rose over 7% to $9.74 in the opening session.

BP plc (ADR) (NYSE:BP)  rose 0.21% to $38.31 after the analysts at Citigroup  that it believes compensation claims for its Gulf of Mexico oil spill will < $20 billion it put into an independent claims fund, after meeting with incoming Chief Executive Bob Dudley.

BP p.l.c. (BP) is an international oil and gas company. The Company operates in more than 80 countries, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products.

Shares of PG&E Corporation (NYSE:PCG) fell about 0.40% extending its Friday’s loss of 8% when the company reported a deadly explosion and fire in the San Francisco suburb of San Bano. At least four person died and as many as 22 people were injured in the natural gas explosion involving a gas line owned by PG&E. The utility on Friday said work continues to restore power to hundreds of residents without gas service and or electrical power.

The National Transportation Safety Board is investigating the blast, the company said.

PG&E Corporation is a holding company whose primary purpose is to hold interests in energy-based businesses.

General Electric Company (NYSE:GE) climbed 1.50% to $16.22 after The company, which receives more than 50 percent of its revenue from outside the U.S., gained after China’s industrial production rose by a greater-than-estimated amount in August.

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