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AmEx, Apple, Assured Guaranty, UAL are big movers



By AP
22 July 2008 @ 04:15 pm EST

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

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Quotes
AXP 18.69 1.46
WB 4.13 0.03
TXN 14.67 0.65
AGO 6.61 0.49
DPZ 3.03 0.2
AAPL 82.58 2.09
UAUA 7.67 0.14
UPS 52.31 3.1

SYMBOL LOOKUP

NYSE

American Express Co., down $2.91 at $37.99

The credit card company's quarterly profit tumbled well below estimates as it set aside more money to cover souring loans.

Wachovia Corp., up $3.61 at $16.79

Charges and reserves for bad mortgages caused a $9 billion loss, though shares of the bank rose on hopes the worst is over.

Texas Instruments Inc., down $4.17 at $24.35

Weak sales of cell phone chips and slower orders from distributors caused the technology company to miss second-quarter Wall Street estimates.

Assured Guaranty Ltd., down $7.43 at $11.32

The bond insurer expects a drop in earnings, excluding some items, and a ratings agency put its credit on review for a possible downgrade.

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 This material may not be published, broadcast, rewritten or redistributed.

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