By Eric Martin
May 19 (Bloomberg) -- The following companies may have unusual price changes in U.S. markets. Stock symbols are in parentheses.
American Express Co. (AXP US): The largest U.S. credit-card company by purchases will cut about 6 percent of its workforce as cardholders squeezed by rising unemployment fail to pay debts.
Interpublic Group of Cos. (IPG US): The second-largest U.S. advertising company said in a regulatory filing it amended a credit pact, preserving its ability to tap the agreement if General Motors Corp. or any of its affiliates file for bankruptcy.
Invesco Ltd. (IVZ US): The manager of the Aim and PowerShares funds plans to sell $400 million of additional common shares. The sale of additional shares may dilute the value of those held by investors.
MGM Mirage (MGM US): The largest operator of casinos on the Las Vegas Strip amended its loan agreement with lenders led by Bank of America Corp. to waive covenant defaults and allow it to pay down debt, according to a filing with the Securities and Exchange Commission.
MSCI Inc. (MXB US): Morgan Stanley, the sixth-biggest U.S. bank by assets, plans to sell its remaining 27.7 million shares in the index provider in a public offering that may garner about $650 million.
To contact the reporter on this story: Eric Martin in New York at emartin21@bloomberg.net.
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