MGM Mirage, HSBC, Satyam, ING are big movers

AP News
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Posted: Nov 27, 2009 1:52 PM

The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE:

MGM Mirage, down 45 cents to $10.56 The casino operator's joint venture partner Dubai requested a debt payment delay. MGM said it wouldn't affect the Vegas development.

HSBC Holdings PLC, down $3.61 to $58.46 Goldman Sachs analysts said the London bank could face losses of $611 million if Dubai World defaults on its debt.

Halliburton Co., down $1.12 to $29.09 The tumbling price of crude amid jitters over a Dubai investment fund's debt crisis hurt shares of the oilfield services provider.

Satyam Computer Services Ltd., down 35 cents to $4.30 Earlier this week, Indian investigators said fraud at the software services firm was at least $1 billion more than initially thought.

Macy's Inc., down 59 cents to $16.97 Shares of the department store dropped amid a broader market slump on "Black Friday," the traditional open to the holiday shopping season.

ING Groep NV, down $2.44 to $9.84 The Dutch bank priced a 1.8 million rights issue, set to raise $11.2 billion, at a 37.3 percent discount to its stock price.

Ivanhoe Mines Ltd., down 93 cents to $11.84

The gold miner's shares fell as the price of the precious metal slipped following a 10-day climb.

NASDAQ:

Activision Blizzard Inc., up 2 cents to $11.58 The video game maker said it had sold more than $3 billion worth, or 55 million units, of its "Call of Duty" franchise.