NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
Bank of America Corp., down 4 cents at $6.97
The country’s largest bank plans to cut 3,500 jobs by the end of September, following a string of other layoffs.
Hewlett-Packard Co., down $5.91 at $23.60 The technology company is transforming its business, refocusing on offering services to corporations.
Aeropostale Inc., down $1.78 at $10.71
The teen retailer’s quarterly profit tumbled 93 percent because of deep markdowns. Its forecast disappointed investors.
LDK Solar Co., down $1.51 at $5.06
The Chinese solar energy company cut its revenue guidance for the year. Wafer and module shipments were lower than expected.
Ann Inc., up $2.43 at $21.70
The retailer’s strong online sales and revenue gains at its Loft chain boosted quarterly profit, and it raised its revenue forecast.
Barnes & Noble Inc., down $2.11 at $9.98
John Malone’s Liberty Media scrapped its plan to buy the bookseller for $1 billion, instead buying a $204 million stake.
Clearwire Corp., up 70 cents at $3.01
A published report said the wireless broadbank network company’s majority shareholder, Sprint Nextel, could buy it out.
Intuit Inc., up $3.35 at $43.65
The maker of TurboTax software posted a strong outlook for the next year. A Citi analyst raised his price target on the stock.