Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bank of America Corp., down 39 cents at $13.33
Prominent banking analyst Richard Bove hiked his price target on the stock, but said the bank may need $46 billion in loan-loss reserves this year.
Boeing Co., down $1.92 at $49.52
A lackluster Paris Air Show kicked off on the heels of the plane maker's warning that it wouldn't see a slew of new jet orders.
Alcoa Inc., down 78 cents at $11.21
An index measuring manufacturing showed sliding demand and oil prices declined, hurting commodity stocks such as the aluminum supplier.
Wal-Mart Stores Inc. down $1.38 at $48.46
A Goldman Sachs analyst downgraded the retailing giant, saying recent impressive sales growth improvements likely won't continue.
Cavalier Homes Inc., up 48 cents at $2.71
A Berkshire Hathaway subsidiary said it would buy the homebuilder for $2.75 a share, a 23 percent premium to Friday's closing price.
Lincoln National Corp., down $1.92 at $15.83
The insurer plans to sell common shares, preferred stock, debt and its U.K. operations in a move to raise more than $2.3 billion.
Lear Corp., down 55 cents at $1.38
The auto parts supplier, which is in the process of restructuring its debt, was downgraded by a Barclays analyst on dilution concerns.
NASDAQ
Jazz Pharmaceuticals Inc., up $1.92 at $4.56
The drug maker said a late-stage study indicates its treatment for fibromyalgia improves painful symptoms of the arthritic disease.
Terms & Conditions
RSS Headlines
Fool UK