Atlanta, GA 7/1/2009 4:47:20 AM
News / Business

AIG, Continental, Apollo Group Biggest Movers in Tuesday's Trading

Stocks that were big movers in trading on Tuesday on the New York Stock Exchange and Nasdaq Stock Market, according to Associated Press.




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.




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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