Among the stock activity stories for Friday, May 2, from AP Financial News:
NEW YORK (AP) Yahoo Inc.'s shares rose Friday in what an analyst attributed to investors' expectations that the company will eventually agree to be purchased by suitor Microsoft Corp., perhaps at a higher price than the software company is currently offering.
NEW YORK (AP) Shares of microchip design company Magma Design Automation Inc. plunged Friday after it said it expects first-quarter profit well below Wall Street expectations.
NEW YORK (AP) Shares of Federal Signal Corp., which makes fire trucks, security systems and street cleaning equipment, tumbled Friday, after the company said it swung to a first-quarter profit but missed Wall Street predictions.
NEW YORK (AP) QLogic Corp.'s fiscal fourth-quarter results topped expectations, but shares fell Friday as analysts said items that lifted the network equipment maker's results will not happen again.
NEW YORK (AP) Shares of Automatic Data Processing Inc. fell Friday as several analysts warned of slower growth going forward.
NEW YORK (AP) Fresh Del Monte Produce Inc. shares soared Friday after a BB&T analyst reinstated her "Buy" rating on the stock, saying the recent drop in the share price has gone too far.

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