Movers Roundup: Legg Mason, Kindred Healthcare

Among the stock activity stories for Tuesday, May 5, from AP Financial News:

DES MOINES, Iowa (AP) — Shares of Legg Mason fell as much as 22 percent Tuesday after the asset manager posted a wider loss for its fiscal fourth quarter and slashed its dividend by 88 percent.

NEW YORK (AP) — Shares of hospital operator and health care services company Kindred Healthcare Inc. jumped Tuesday after the company topped first-quarter profit forecasts and reaffirmed its full-year outlook.

DES MOINES, Iowa (AP) — Shares of Principal Financial Group Inc. climbed Tuesday, the day after the company reported a first-quarter profit even though stock markets declines have sapped assets under management.

NEW YORK (AP) — International Game Technology's latest notes offering could give the slot machine and casino management systems maker some breathing room on its financing, an analyst said Tuesday.