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AIG, Continental, Apollo Group are big movers

 

Thursday, Jul 02,2009, 2:37:56 PM   Click:

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 airlines broad request for antitrust immunity to work more closely with other carriers.

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.

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