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Movers roundup: Google, Hartford Financial



By AP
11 November 2008 @ 06:00 pm EST

Among the stock activity stories for Tuesday, Nov. 11, from AP Financial News:

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Quotes
GOOG 322.01 -12.05
HIG 17.91 -1.77
AIG 1.64 -0.1
OMG 22.76 -0.93
BEN 64.55 -5.46

SYMBOL LOOKUP

NEW YORK (AP)--Shares of Google Inc. continued to decline Tuesday, at one point hitting a multiyear low, after a Goldman Sachs analyst trimmed his growth forecast and target price for the online search leader amid the economic downturn.

NEW YORK (AP)--Shares of Hartford Financial Services Group Inc. tumbled Tuesday afternoon as an analyst cut his view on life insurers and said Hartford Financial is among a handful of firms in the sector that is likely to need more capital by the end of the year.

CHARLOTTE, N.C. (AP)--Shares of American International Group Inc. fell Tuesday, a day after the insurer got more money from the U.S. government and posted a third-quarter loss.

NEW YORK (AP)--Shares of OM Group Inc. tumbled Tuesday after an analyst slashed his rating, predicting that lower cobalt prices will erode profits at the specialty-chemicals maker.

BOSTON (AP)--Shares of Franklin Resources Inc. fell after the investment firm reported its assets under management slid nearly 16 percent last month and an analyst downgraded the stock.

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 This material may not be published, broadcast, rewritten or redistributed.

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