Exit reaction: Banks took the largest losses Friday in a broad sell-off as markets reacted to the Brexit vote. Citigroup plummeted 9 percent, to $40.30 and Bank of America lost 7 percent, to $13.
KB does OK: KB Home's stock rose 4 percent to $15.10 Wednesday after the homebuilder said its profit surpassed estimates and sales were far stronger than expected, fueled in part by first-time buyers. Shares closed the week at $14.82.
Changes at the top: Macy's shares rose 4 percent to $34.05 Thursday after the largest U.S. department store chain said CEO Terry Lundgren will step down early next year after about 13 years in charge. He will remain chairman, and President Jeff Gennette will become CEO. Macy's shares closed the week at $32.08.
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Adobe outlook woes: Software maker Adobe Systems dropped 6 percent to $94.22 Wednesday after it provided guidance for the current quarter that fell flat with analysts. The stock closed Friday at $92.20.
Delivering cautious news: Shares of FedEx fell 4 percent to $158.19 Wednesday after the company gave a cautious outlook as the package delivery company plans to spend billions to expand its system. Its stock closed Friday at $150.57.
Science deal: Shares of American Science & Engineering rose 14 percent to $36.80 Tuesday after the maker of X-ray inspection systems agreed to be acquired by airport security and full-body scanner manufacturer OSI Systems Inc. American Science & Engineering's stock closed Friday at $37.23.
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