Stocks in the news: Bank of America, Take-Two Interactive, Big Lots


Bank of America (BAC), true to its plans to repay TARP funds, raised $19.3 billion Thursday selling securities at $15 apiece in the biggest sale of stock or preferred shares by a U.S. public company since at least 2000. Shares declined 3.4% in pre-market trading.

Take-Two Interactive Software Inc. (TTWO) warned late Thursday that its results for the past quarter and the fiscal year would fall far below expectations and that it would post a loss in the first fiscal quarter. It blamed release delays, high development costs and low baseball game sales. Take-Two shares fell more than 26% ahead of the bell.