AIG, Continental, Apollo Group are big movers
NEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American International Group Inc., down 17 cents at $1.16
Shareholders voiced disappointment over the embattled insurer’s near-collapse last fall during a short, relatively calm meeting.
Emulex Corp., down $1.10 at $9.78
Chip designer Broadcom Corp. boosted its takeover offer for the network gear maker to about $912 million from $764 million.
Exco Resources Inc., up $1.80 at $12.92
The company said it will sell Britain’s BG Group PLC a stake in its Haynesville shale natural-gas assets for $1.3 billion.
Sunrise Senior Living Inc., down 50 cents at $1.65
A real estate investment trust filed complaints against Sunrise Senior Living and wants to terminate agreements on 64 properties.
Lear Corp., up 3 cents at 50 cents
The auto parts maker is reportedly close to bankruptcy, facing a Tuesday deadline to make an interest payment or restructure its debt.
Continental Airlines Inc., unchanged at $8.86
The Justice Department opposes the airline
NASDAQ:
Apollo Group Inc., up $5.13 at $71.12
The education provider said it had strong growth in student enrollments in the third quarter, while analysts boosted their estimates.
Geron Corp., up 98 cents at $7.67
The biotechnology company will collaborate with General Electric Co.’s health unit to make stem cell-based drug discovery tests.
- European markets slightly lower, off day earlier highs following forecast-busting US earnings
- Oil jumps to above $75 in Asia, fresh 1-year high, as stocks, US dollar fuel gains
- Asian stocks extend rise after Dow breaks through 10,000 mark; European shares mixed
- Oil jumps to near $76 in Asia, fresh 1-year high, as stocks, US dollar fuel gains
- Foreclosures keep soaring as unemployment remains main cause of housing woes
- Citigroup Inc. to release third quarter results; loan losses, restructuring in question
- Worries about sustained consumer spending persist despite surprising retail sales in September
- DJ comeback: Stock market's best-known barometer closes above 10,000 for 1st time in a year
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