Stocks in the news: KB Home, General Motors, Accenture

Updated

KB Home (KBH) reported a narrower first- quarter loss as the slump in the market for new and existing homes continued. The net loss shrank to $58.1 million, or 75 cents a share, below estimates. Total revenues were $307.4 million, down 61 percent from the year-ago period. Shares gained

General Motors (GM) -- President Barack Obama plans to announce a new aid package for GM and Chrysler in the coming days. Obama said the automakers must make "pretty drastic changes" to save their industry. Shares gained 13.5 percent in pre-market trade.

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