Stocks to Watch (AMR,LPX,YHOO,BAC,AIG)

AMR Corporation (NYSE: AMR) fell 5.87% in Pre market The parent company of American Airlines said it plans to offer 30 million shares of its common stock and $250 million in convertible debt.

Louisiana-Pacific Corporation (NYSE: LPX) dropped 4.16% after The world’s largest maker of pressed-wood panels said it plans to sell as many as 20.7 million shares to reduce debt.

SYNNEX Corporation (NYSE: SNX) jumped 1.43% to $32.14 the distributor of computer products reported third-quarter profit of 67 cents a share, beating the average analyst estimate of 62 cents in a Bloomberg survey.

Yahoo! Inc. (NASDAQ: YHOO) surged marginally the Internet company is seeking as much as $500 million for a small business hosting unit, Reuters reported.

Bank of America Corporation (NYSE: BAC) surged 2.90% to $17.75 after it said late Monday that it reached an agreement with the U.S. government to end a federal guarantee of $118 billion in assets for $425 million. The bank also received approval from the Federal Deposit Insurance Corp. to exit the Temporary Liquidity Guarantee Program.

American International Group, Inc. (NYSE: AIG) is up 3.10% to $49.90 after after Congressman Ed Towns recommended to the Oversight Committee that AIG follow Hank Greenberg's plan to restructure the company's debt. The move would be the fourth of its kind in the past year, but would ultimately ease the burden on the struggling insurer.