The varroa mite parasite that’s been killing bees across the country is spreading on the Big Island, threatening local fruit and macadamia nut industries.

The Nasdaq rose on Friday, on strong demand for Palm’s Inc’s Pre smartphone, while the Dow was dragged lower by sliding oil prices and strength in some financial stocks helped cushion the S&P 500′s decline.

Consumers are saving more than they’re spending, and that has investors worried. Stocks capped a choppy week of trading with a mixed finish Friday after the Commerce Department reported that personal spending, incomes and savings all rose in May.

Households pushed their savings rate to the highest level in more than 15 years in May as a big boost in incomes from the government’s stimulus program was devoted more to bolstering nest eggs than increased spending.

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

Shares of Robbins & Myers sank Friday, a day after the industrial equipment manufacturer reported its orders slumped 42 percent in the third quarter, narrowed its full-year profit and warned its fourth-quarter results would miss expectations.

Airline stocks fell Friday as government reports indicated consumers are trying to save money and rein in their free-spending ways.

CIT Group Inc. shares slipped Friday as a Fox-Pitt Kelton analyst downgraded the stock due to concerns over the company’s ability to secure stable funding.

Shares of BPZ Resources Inc. tumbled on Friday, a day after the company announced an $88 million common stock offering. The Houston-based oil and gas exploration and production company’s shares dropped 23 cents, or 4.3 percent, to $5.10 in afternoon trading.

Shares in UBS AG fell Friday after the Swiss bank announced overnight that it expects to raise 3.8 billion Swiss francs through a capital increase and forecasts a loss for the second quarter.