BofA, HP, Aeropostale are big market movers

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.