Insurance

AIG, Las Vegas Sands, US Bancorp Are Big Movers

 

The Associated Press

NEW YORK (AP) — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE:

American International Group Inc., down $4.90 at $28.40

A Sanford Bernstein analyst reportedly said the embattled insurer doesn't have enough reserves to pay some potential claims.

Las Vegas Sands Corp., down 47 cents at $15.32

The company's Sands China tumbled in its first day of Hong Kong trading after raising $2.5 billion in an initial public offering.

DreamWorks Animation SKG Inc., up 94 cents at $33.47

An analyst upgraded DreamWorks and said the stock has fallen to more "reasonable" levels after speculation of a possible buyout faded.

US Bancorp, up $1.18 at $24.13

A RW Baird analyst said the stock price makes it an attractive buy and upgraded shares to the firm's highest investment rating.

Supervalu Inc., down 59 cents at $13.83

An analyst downgraded the stock and forecast trouble despite the grocer's attempts to lower prices and turn around its business.

Gamestop Corp., down 91 cents at $24.41

Investors worried hat video games may not sell as well early this holiday season as many had hoped.

Aflac Inc., up $2.38 at $46.03

An analyst upgraded the supplemental insurance provider, citing its ability to offset potential credit losses and an improving outlook.

NASDAQ:

Clarient Inc., up 20 cents at $2.55

The medical device maker signed an exclusive license to technology aimed making better tests for cancer.

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Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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