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Friday, November 06, 2009
AIG, Magna, Activision Blizzard are big movers
By The Associated Press
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The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:

NYSE:

American International Group Inc., down $3.80 at $35.48

The insurance company had a profitable quarter as the value of its investments rose, but the CEO warned that future results will be choppy.

International Game Technology, up $1.62 at $20.18

Despite a loss in the fourth quarter, CEO Patti Smith said there was an "incremental" improvement in casino operators' demand for the company's slot machines.

Magna International Inc., up $5.80 at $50

Two days after the collapse of the auto supplier's deal to buy General Motors' European division Opel, the Canadian company posted an unexpected profit.

Ormat Technologies Inc., down $2.29 at $36.21

An analyst downgraded the geothermal plant operator, saying 2010 product revenue is uncertain amid delays of several projects.

K12 Inc., up $2.14 at $17.94

Expectations that enrollments will keep rising next year led the educational services provider to issue a higher-than-expected sales forecast. Continued...

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