KB Home, Sara Lee, Brunswick Are Among Big Movers
The Associated Press
NEW YORK (AP) ¿ The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:
AmeriCredit Corp., up 73 cents to $15.59An analyst upgraded the automobile finance company's stock and said loan delinquencies were not as bad as expected. KB Home, down $1.58 to $16.96 The home builder posted a $66 million loss, missing Wall Street expectations as new home orders increased and the builder cut costs. Sara Lee Corp., up 67 cents to $11.21 Consumer products giant Unilever NV agreed to buy businesses including the Sanex and Duschdas brands from Sara Lee for $1.88 billion. Brunswick Corp., up $1.51 to $11.04 An analyst upgraded the maker of boats, gym machines and pool tables and said the boating industry has sunk enough to find the bottom. Biovail Corp., up 89 cents to $14.77 A J.P. Morgan analyst started coverage on the Canadian drug developer's stock with an "Overweight" rating and $19 price target. Burger King Holdings Inc., down 21 cents to $16.80 There's no near-term catalyst that could lift shares of the fast-food restaurant operator significantly higher, an analyst said, cutting his rating. Park Electrochemical Corp., up $1.19 to $24.37 The circuit materials maker said its second-quarter profit slipped 3.7 percent as lower expenses partially offset falling revenue. AZZ Inc., up $2.10 to $38.05 The electrical products maker's fiscal second-quarter profit edged down 2 percent to $11.1 million as sales slipped.
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