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Movers Roundup: Allergan, Tupperware



30 January 2008 @ 03:09 pm EST

Among the stock activity stories for Wednesday, Jan. 30, from AP Financial News:

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Quotes
AGN 51.88 -0.56
TUP 33 1.07
PCAR 40.8 0.94
CAH 50.64 -0.09
ALL 47 0.27
PEIX 1.47 0.02

SYMBOL LOOKUP

NEW YORK (AP) A strong sales outlook for Botox and breast implants helped Allergan Inc. shares recover from an early morning dive prompted by soft 2008 profit guidance and news that the company's experimental glaucoma treatment failed a late-stage study.

NEW YORK (AP) Shares of Tupperware Brands Corp. reached a 52-week high on Wednesday, after the plastic-products maker reported strong fourth-quarter net income, helped by the benefit of a weaker dollar.

NEW YORK (AP) Shares of Paccar Inc. dropped Wednesday, a day after the heavy-truck manufacturer reported a 31 percent drop in fourth-quarter profit and a 14 percent drop in truck sales, blaming the ongoing slumps in the automotive and construction markets.

NEW YORK (AP) Cardinal Health Inc. shares edged higher Wednesday, as Wall Street noted the health care products supplier's disappointing 2008 outlook but said the stock is attractively priced and forecast a recovery in the second half of the year.

NEW YORK (AP) Shares of Allstate Corp. fell Wednesday, after the nation's second-largest property and casualty insurer reported a 37 percent drop in fourth-quarter profit on losses related to the Southern California wildfires and other costs.

NEW YORK (AP) Pacific Ethanol Inc.'s stock surged Wednesday as investors eyed a $24.3 million government grant that may move the company toward a profitable method of producing ethanol from grasses and crop byproducts instead of the more expensive feedstock corn.

NEW YORK (AP) Quicksilver Inc. shares rose Wednesday after a JPMorgan analyst upgraded the stock based on the ski maker's decision to seek the potential sale of several noncore assets.

Copyright 2008 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

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