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Sovereign, AIG among big market movers



By AP
09 May 2008 @ 01:11 pm EST

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

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Quotes
SOV 3.44 0.18
AIG 1.96 -0.43
C 13.4 0.47
F 2.02 -0.06
TRLG 16.81 -0.87
PCLN 56.47 -2.49
MSFT 21.13 -1.17
YHOO 12.04 -0.61
NVDA 6.37 -0.55

SYMBOL LOOKUP

NYSE

Sovereign Bancorp Inc., up 30 cents at $7.76

An analyst upgraded the bank after a news report it will raise up to $2 billion in fresh capital.

American International Group Inc., down $3.58 at $40.57

The world's largest insurer lost $7.81 billion in the first-quarter and plans to raise $12.5 billion in capital.

Citigroup Inc., down 20 cents at $24.10

It will shed $500 billion in assets and plans to boost revenue by 9 percent in the next few years.

Ford Motor Co., down 10 cents at $8.10

Billionaire investor Kirk Kerkorian has started buying 20 million shares to boost his stake to 5.5 percent.

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 This material may not be published, broadcast, rewritten or redistributed.

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