Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bank of America Corp., up 99 cents at $12.97
An analyst upgraded the bank's shares, saying it could repay its government bailout aid by early 2010 and can post higher profits.
Wendy's/Arby's Group, down 3 cents at $3.97
The fast-food chain announced a plan to sell $500 million in bonds to pay down debt and, said an analyst, perhaps repurchase shares.
Boeing Co., down $1.64 at $50.66
The aerospace company cuts its 20-year forecast for commercial airplanes by 1.4 percent as airlines cancel or delay orders.
Del Monte Foods Co., up 67 cents at $8.32
The food supplier expects sales growth of up to 6 percent in 2010 and forecast a profit that topped Wall Street analysts' expectations.
NASDAQ:
Lululemon Athletica Inc., down $1.88 at $13.34
The athletic apparel maker's earnings forecast fell below Wall Street analysts' expectations, and it also sees a same-store sales decline.
ATP Oil & Gas Corp., down 63 cents at $8.64
The oil and natural gas producer launched a public offering of 7.25 million shares to support drilling and development and pay debt.
Palm Inc., up $1.44 at $13.43
A former Apple Inc. executive who helped the smart phone maker develop the brand-new Pre phone is the company's new chief executive.
Human Genome Sciences Inc., up 48 cents at $3.19
The biotechnology company said its lupus treatment candidate, Benlysta, reduced symptoms of the disease during a long-term study.
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