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Movers roundup: Mylan, Assured Guaranty



By AP
09 May 2008 @ 04:08 pm EST

Among the stock activity stories for Friday, May 9, from AP Financial News:

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Quotes
MYL 13.49 0.28
AGO 11.15 -0.17
CC 2.48 0.08
AIG 30.1 1.96
SIX 0.95 0.13
TRLG 28.02 -0.26

SYMBOL LOOKUP

NEW YORK (AP) -Shares of Mylan Inc. fell Friday after the generic drug developer cut its profit guidance spanning the next several years, though Wall Street expects the company to meet the new targets.

NEW YORK (AP) -Analysts widely agree that Assured Guaranty Ltd. is still among the strongest bond insurers, but after it reported weaker-than-expected first-quarter earnings, they are cutting their earnings expectations.

NEW YORK (AP) -Shares of Circuit City Stores Inc. rose on Friday, after the consumer electronics retailer said it would allow Blockbuster to review its books.

NEW YORK (AP) -Shares of American International Group Inc. tumbled Friday morning in the first trading session since the insurer said it lost $7.81 billion during the first quarter and is raising $12.5 billion to shore up its capital base.

NEW YORK (AP) -Six Flags Inc.'s stock slipped Friday after its first-quarter performance failed to meet Wall Street's expectations.

NEW YORK (AP) -Shares of True Religion Apparel Inc. spiked Friday morning after the jeans maker's 35 percent jump in first-quarter profit and increased guidance led an analyst to raise his rating.

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 This material may not be published, broadcast, rewritten or redistributed.

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