HEADLINE STOCKS-Some stocks to watch on Friday June 26

Fri Jun 26, 2009 8:40am EDT
 
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NEW YORK, June 26 (Reuters) - Some stocks to watch on Friday:

KB HOME (KBH.N)

The company reported second-quarter results and said it was seeing signs that housing market trends were moderating. [ID:nWNAB2502]

Shares rose 1.6 percent to $15 in premarket trading.

BOEING CO (BA.N)

Qantas Airways scrapped 15 orders and deferred orders for 15 new Boeing planes in another setback for the company's Dreamliner project. [ID:nSYD514963]

Shares of the Dow component closed Thursday at $42.53.

UBS AG (UBS.N)

The bank plans to raise $3.5 billion of new capital but said it wouldn't turn the corner until it stems client withdrawals and settles some legal problems. [ID:nLQ421864]

U.S.-listed shares fell 4 percent to $12.45 in premarket trading.

LEGG MASON INC (LM.N)

Friedman Billings Ramsey wrote that a sale or break-up of the company was unlikely and that it wouldn't unlock shareholder value beyond current levels. [ID:nBNG215952]

Shares closed Thursday at $24.57.

IBM CORP (IBM.N)

The company filed a complaint in a U.S. federal court in New York alleging its former chief of mergers and acquisitions misused company resources for his personal benefit, court documents show. [ID:nN26319742]

Shares of the Dow component closed Thursday at $106.06.  Continued...

 

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