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Altria Group, American Express among big movers



By AP
11 November 2008 @ 05:34 pm EST

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

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Quotes
MO 15.09 -0.06
AXP 20.01 -1.06
TOL 20.69 -1.82
GCI 8.71 -0.59
TJX 21.71 0
LVS 7.4 -1
SIRI 0.14 0
SBUX 9.99 -0.23

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NYSE

Altria Group Inc., down 49 cents at $17.33

The owner of the Marlboro brand and its cigarette unit, Philip Morris USA, plan to cut jobs due to widespread economic turmoil.

American Express Co., down $1.58 at $22.40

The credit card giant received government approval to begin taking deposits, a sign it is having trouble funding its operations.

Toll Brothers Inc., down 2 cents at $18.93

Revenue fell 41 percent in the quarter, as the company said demand and home shopper traffic in October fell to "record lows."

Gannett Co., down 44 cents at $9.59

Despite the newspaper chain's efforts to cut costs and debt, Moody's downgraded its bonds, citing pressures on newspaper advertising.

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 This material may not be published, broadcast, rewritten or redistributed.

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