Tiffany, KB Home, Alcoa, Kraft, Great Atlantic & Pacific are among market movers Tuesday

Tiffany, KB Home, Alcoa, Kraft are movers

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

NYSE:

Tiffany & Co., down 24 cents at $46.44

The luxury jeweler boosted its annual profit forecast and said strong worldwide sales during the holidays will likely help results.

KB Home, down 66 cents at $15.72

The homebuilder turned a profit in its fiscal fourth quarter, the first time since early 2007, as it benefited from a new tax rule.

Alcoa Inc., down $1.93 at $15.52

The world’s largest aluminum maker posted worse-than-expected earnings for the fourth quarter on soft demand.

Kraft Foods Inc., up 49 cents at $29.29

Cadbury PLC stepped up its defense against a hostile takeover bid from Kraft by announcing that 2009 results will beat expectations.

Great Atlantic & Pacific Co., down $2.66 at $10.22

The operator of A&P and other grocery chains said losses grew sharply due to drastic changes in shopping habits at supermarkets.

Gap Inc., down 66 cents at $19.96

A Goldman Sachs analyst downgraded the clothing retailer

Salesforce.com Inc., down $5.36 at $68.29