HEADLINE STOCKS-Some stocks on the move on June 26

Fri Jun 26, 2009 10:24am EDT
 
[-] Text [+]

(Updates to after the open, adds Potash, Micron)

NEW YORK, June 26 (Reuters) - Some stocks on the move on Friday:

KB HOME (KBH.N)

The company reported a second-quarter loss but said it saw signs that housing market trends were moderating. [ID:nN26321577]

Shares fell 6.7 percent to $13.78.

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 fell 0.4 percent to $42.36.

POTASH CORP OF SASKATCHEWAN INC (POT.N) (POT.TO)

The company cut its second-quarter earnings outlook late Thursday, citing weaker sales. [ID:nN25293238]

U.S.-listed shares fell 2.5 percent to $91.19.

MICRON TECHNOLOGY INC (MU.N)

The company reported third-quarter revenue that was lower than expected and its 10th straight quarterly loss. [ID:nN25294461]

Shares fell 3 percent to $5.14.

UBS AG (UBS.N)

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

 

Featured Broker sponsored link