AOL, BofA, Apple are big market movers

AP News
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Posted: Aug 09, 2011 4:49 PM
AOL, BofA, Apple are big market movers

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

AOL Inc., down $3.88 at $11.19

The Internet company posted a loss, and its revenue fell. Display advertising and search revenue slowed in June.

Bank of America Corp., up $1.09 at $7.60

The bank's shares rebounded partially after their huge decline on Monday amid a broad market sell-off.

Live Nation Entertainment Inc., up 94 cents at $9.72

The concert promoter posted a quarterly profit after it refined its pricing strategy and concert attendance rose in North America.

Beazer Homes USA Inc., down 11 cents at $1.83

The homebuiler closed on fewer homes in its most recent quarter, and its loss deepened. But it said new home orders rose.

Cablevision Systems Corp., down $2.50 at $17.02

The cable provider's quarterly profit grew, but missed analyst expectations. The company lost 23,000 video subscribers.

International Flavors & Fragrances Inc., up $3.13 at $55.95

The company's quarterly profit grew as a more diverse product portfolio and expansion to emerging markets boosted revenue.

Nasdaq

Apple Inc., up $20.80 at $374.01

The consumer technology giant, maker of the iPhone and iPad, surpassed Exxon Mobil as the most valuable company in the U.S.

Dish Network Corp., down 6 cents $22.58

More subscribers canceled the company's satellite TV service than signed up for it in the latest quarter, and earnings disappointed.