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Morgan Stanley, MetLife among big movers



By AP
04 June 2008 @ 05:29 pm EST

NEW YORK - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

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Quotes
MS 23.5 -0.42
MET 44.32 2.19
FHN 10.03 -0.96
STT 42 -4.96
AMD 4.23 -0.3
SJM 47.19 -1.63
PG 68.58 -2.44
XLNX 21.62 -0.4
UAUA 6.7 -1.41
FTBK 11.95 0.53
WBCO 9.08 0.04

SYMBOL LOOKUP

NYSE

Morgan Stanley, up 71 cents at $43.36

An analyst upgraded the investment bank and said it is best positioned among its peers to respond to the rapidly changing commodities sector.

MetLife Inc., down 54 cents at $59.07

A subsidiary of the insurance giant will buy the residential mortgage business of a unit of First Horizon National Corp. for an undisclosed amount.

State Street Corp., down 53 cents at $70.83

The financial services company will sell 35.7 million shares and raise up to $2.8 billion for what an analyst speculates will be future acquisition opportunities.

Advanced Micro Devices Inc., up 38 cents at $7.19

It launched a new fleet of semiconductors for laptops as part of a major shake up of its mobile line that it hopes will boost sales.

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 This material may not be published, broadcast, rewritten or redistributed.

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