Bank Of America, Lowe's, MGM Mirage Are Big Movers

Stock quotes in this article: APP , BAC , DDS , LOW , MGM , PEIX , STT  

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Bank of America Corp., up $1.06 at $11.73

A prominent banking equity analyst added the bank to a list of top stock picks, saying operating profit should make up for loan losses.

Lowe's Cos., up $1.49 at $19.94

The country's No. 2 home-improvement retailer posted a better-than-expected profit in the first quarter and raised its outlook for 2009.

MGM Mirage, up $1.07 at $8.74

Major stockholder Kirk Kerkorian purchased 14.3 million shares, and an analyst upgraded the casino operator for a capital-raising plan.

State Street Corp., up $3.28 at $41.79

The bank expects to raise at least $1.45 billion from a common stock and debt offering in order to pay back $2 billion in government aid.

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