Movers roundup: Halliburton, AbitibiBowater

NEW YORK (AP)--Shares of Halliburton Co. fell on Wednesday as crude-oil prices slipped and other oil services shares dropped, hurt by the toll the economic slowdown has taken on oil and gas exploration financing.

NEW YORK (AP)--Shares of AbitibiBowater Inc., the largest North American newsprint maker, tumbled Wednesday after a ratings agency lowered the noninvestment-grade debt ratings on the company.

NEW YORK (AP)--Shares of Intercontinental Hotels Group PLC declined modestly on Wednesday after an analyst said cutbacks in travel spending are expected to put more pressure on the U.K.-based hotel company.

LOUISVILLE, Ky. (AP)--PharMerica Corp. shares sank Wednesday, a day after the company announced an amended pharmacy provider agreement with Kindred Healthcare Inc. that leads to lower revenue.

NEW YORK (AP)--Shares of OmniVision Technologies Inc. tumbled Wednesday after the maker of camera image-sensing chips projected a third-quarter loss, disappointing most analysts who expected a profit.

NEW YORK (AP)--Shares of Beacon Roofing Supply Inc. rose Wednesday, a day after reporting unexpectedly strong fourth-quarter results. An analyst boosted his earnings estimates for Beacon.

NEW YORK (AP)--A day after CIT Group Inc. said it is increasing the size of a debt exchange offer, its shares surged as investors took it as a sign the financial firm is closer to becoming a bank holding company, an analyst said.

NEW YORK (AP)--Shares of Stryker Corp. and Smith & Nephew PLC slipped Wednesday after a BMO Capital Markets analyst downgraded the orthopedic-implant makers, saying the recession is likely to hurt sales for both companies.