Nvidia, AMR, Lehman Brothers among big movers

Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

AMR Corp., up 21 cents at $4.83

American Airlines may cut at least 6,000 jobs this year, or 8 percent of its staff, while trying to offset rising fuel costs.

Lehman Brothers Holdings Inc., up 49 cents at $22.85

As turmoil continues in the credit markets, speculation swirled that Barclays PLC may buy the investment bank at a discount.

Toll Brothers Inc., down 1 cent to $18.85

Moody's Investor Service cut the senior unsecured rating on the homebuilder to junk status as falling prices continue crimping margins.

Aetna Inc., down $2.65 at $37.14

A Goldman Sachs analyst downgraded the health insurer's stock to "Sell" from "Neutral" because of crumbling profit margins.

General Motors Corp., up 14 cents at $10.12

A JPMorgan analyst said the automaker isn't in immediate danger of bankruptcy, but will need to raise about $10 billion in cash.

NASDAQ

Nvidia Corp., down $5.54 at $12.49

Weakness in certain markets and higher competition caused the graphics chip maker to cut its second-quarter revenue outlook.

Penn National Gaming Inc., up $1.06 at $29.66

A $5.82 billion takeover of the casino operator by Fortress Investment Group and Centerbridge Partners has been called off because of declining purchase price.

Corel Corp., up $1.43 at $10.75

The software maker's quarterly profit dropped 60 percent on higher sales and marketing costs, but still topped expectations when adjusted.

Comment (0)
Recommended (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 678659, ~/articles/articlehandler.aspx, 8/20/2008 5:53:36 PM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Related Tickers

Aetna, Inc.

AET Up! $41.69 +0.06 (+0.14%) 4:01 PM
CAPS Rating:
490 Outperforms
38 Underperforms
Rate This Stock

Major Indices

S&P 5001,274.56+0.62%
DJIA11,417.43+0.61%
RSL 2K731.60+0.22%
NASD2,389.08+0.20%
Updated: 4:04:09 PM
Sponsored by:

The Motley Poll

Where will the U.S. dollar go from here?

Sponsored by: