HEADLINE STOCKS-Some stocks on the move on June 26

Fri Jun 26, 2009 2:51pm EDT
 
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(Updates to afternoon trading, adds Lear, Goldman, Bank of America, Immucor, Webster, Ista)

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

LEAR CORP (LEA.N)

The auto parts maker is expected to file for bankruptcy by June 30, sources close to the deal told RLPC, a Thomson Reuters company. [ID:nN2685594]

The stock sank 28 percent to 39 cents.

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 9.3 percent to $13.40.

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 1.2 percent to $42.03.

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 1.7 percent to $91.97.

MICRON TECHNOLOGY INC (MU.N)

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

 

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