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Movers roundup: AIG, Expedia



By AP
28 May 2008 @ 06:28 pm EST

Among the stock activity stories for Wednesday, May 28, from AP Financial News:

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Quotes
AIG 1.6 0.16
EXPE 6.53 0.48
AMGN 54.9 4.77
WX 5.99 -0.31
TLB 1.98 -0.17

SYMBOL LOOKUP

NEW YORK (AP)--Shares of American International Group Inc. Wednesday plunged to their lowest level in a decade after a Citi Investment Research analyst said the insurer's recent offerings that raised $20 billion in capital are insufficient and that its financial position may worsen.

NEW YORK (AP)--Shares of Expedia Inc. jumped Wednesday in what one analyst attributed to speculation that media mogul Barry Diller is looking to take the online travel company private, a rumor Diller denied.

NEW YORK (AP)--Shares of Amgen Inc. edged lower Wednesday as some analysts continued to question the safety profile of the biotechnology company's osteoporosis drug denosumab.

NEW YORK (AP)--Shares of WuXi PharmaTech Inc., a China-based pharmaceutical and biotechnology research and development outsourcing company, fell Wednesday as some analysts were disappointed by first-quarter results at the company's recently acquired AppTec Laboratory Services Inc. unit.

NEW YORK (AP)--Talbots Inc. shares jumped on Wednesday after a Piper Jaffray analyst upgraded the clothing retailer to "Buy," saying that the company's strict cost-cutting measures and inventory discipline may provide an upside to the stock price.

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 This material may not be published, broadcast, rewritten or redistributed.

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