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WellPoint, Citi Among Market Movers Tues



By AP
11 March 2008 @ 12:02 pm EST

NEW YORK - Stocks that were moving substantially or trading heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

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Quotes
WLP 35.3 -1.2
C 14.11 1.18
TXN 19.16 0.64
HOV 5.2 0.49
BA 41.8 -2.61
NOC 41.8 -6.5
KR 23.78 -0.3
GOOG 332 3.02
JSDA 0.75 -0.28

SYMBOL LOOKUP

NYSE

WellPoint Inc., down $18.95 at $46.97 (WLP)

Higher-than-expected medical costs and lower enrollment of insured patients caused the health insurer to lower its 2008 profit forecast.

Citigroup Inc., up 90 cents at $20.59 (C)

The Federal Reserve offered to swap $200 billion in safe Treasury bonds in exchange for mortgage debt, lifting shares of bank stocks.

Texas Instruments Inc., down $1.67 at $27.98 (TXN)

An unnamed customer cut back on orders, which caused the cell phone chip maker to lower its first-quarter profit and sales outlook.

Hovnanian Enterprises Inc., up 53 cents at $9.12 (HOV)

The homebuilder recorded its sixth straight quarterly loss, but posted revenue above Wall Street expectations.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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