Apple, Bank of America, TiVo are big market movers

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


Bank of America Corp., up 66 cents at $7.65

Warren Buffett’s Berkshire Hathaway will invest $5 billion in the bank, whose shares had lost nearly half their value this year.

Advanced Micro Devices Inc., up 3 cents at $6.37

The chip maker named Rory Read, the president and COO of PC maker Lenovo, its new CEO.

Collective Brands Inc., up $1.91 at $12.19

The parent company of Payless and Stride Rite shoe stores plans to close 475 stores and will consider selling itself.

Guess Inc., down $2.25 at $31.04

The clothing maker cut its profit outlook for the year, saying economic weakness and turbulent markets may hit its costumers.


Apple Inc., down $2.46 at $373.72

Steve Jobs resigned as CEO of the world’s largest technology company, leaving the relatively unknown Tim Cook to take the reins.

Renaissance Learning Inc., up 98 cents at $15.50

After agreeing to sell itself to a private equity firm, the education software company received a new, higher bid.

Sanderson Farms Inc., down 92 cents at $39.42

The chicken producer reported its third straight quarterly loss, squeezed by lower demand from restaurants and higher feed prices.

TiVo Inc., up $1.38 at $9.50

The digital video recorder maker posted a quarterly loss, but revenue increased more than investors had been expecting.