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Bank of America, KB Home among big movers



By AP
27 June 2008 @ 05:20 pm EST

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

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Quotes
BAC 20.87 1.24
CFC 4.25 -0.17
KBH 15.85 1.21
BUD 58.5 -3.11
PALM 5.37 0.74
INTU 25.05 0.48
FINL 6.95 0.1
ANDE 28.79 0.14
ERIC 6.54 0.37

SYMBOL LOOKUP

NYSE

Bank of America Corp., down 22 cents at $24.59

Over the next two years, the bank will cut about 7,500 jobs after it closes its purchase of mortgage lender Countrywide Financial Corp.

KB Home, down 41 cents at $17.72

The homebuilder posted a surprising bigger second-quarter loss because weak sales and falling home prices crimped sales by 55 percent.

Anheuser-Busch Cos., up 91 cents at $62.26

The brewer rejected a $65 per share takeover offer from InBev and predicted 2008 and 2009 profit above expectations on higher prices.

NASDAQ

Palm Inc., down 54 cents at $6

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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