Bank of America, Lennar, Boeing, Abercrombie & Fitch are among market movers Thursday

By AP
Thursday, January 7, 2010

Bank of America, Lennar, Boeing are movers

NEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE:

Bank of America Corp., up 54 cents at $16.93

A Credit Suisse analyst upgraded the bank and boosted his earnings estimates due partly to last month’s repayment of government aid.

Lennar Corp., up $1.76 at $15.46

The homebuilder’s CEO predicted rising prices for houses and a profit for next year after new home orders rose in the fourth quarter.

GameStop Corp., down $3.57 at $20.46

Harsh winter weather and shortages of popular games and gaming devices hurt the retailer’s sales, and it cut its forecast.

Boeing Co., up $2.42 at $62.20

The aircraft maker said customers ordered the fewest planes last year since at least 2003, but deliveries rose.

Abercrombie & Fitch Co., down $3.54 at $32.67

The teen retailer said a key sales comparison measure fell 19 percent in December, a worse decline than analysts had expected.

NASDAQ:

Tessera Technologies Inc., down $3.37 at $20.02

The technology company said fourth-quarter sales would be below its previous guidance due to lower royalties.

UAL Corp., up 28 cents at $13.55

The government said the airline had the second-best record for on-time flights in November after Hawaiian Airlines.

Sears Holding Corp., up $10.31 at $99.18

The owner of Sears and Kmart issued a strong outlook as holiday sales rose at Kmart, a sign of a turnaround for the struggling retailer.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :