Log in to your IBTimes Account

close
ID
Password

Movers roundup: Yahoo, Magma Design Automation



By AP
02 May 2008 @ 06:00 pm EST

Among the stock activity stories for Friday, May 2, from AP Financial News:

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
YHOO 18.06 0.31
MSFT 25.92 -0.43
LAVA 4.49 -0.04
FSS 15.22 -0.43
QLGC 18.23 0.09
ADP 43.87 -0.63
FDP 22.79 -0.43

SYMBOL LOOKUP

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.

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 This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Technology
Connecticut regulators issued a draft decision Friday that AT&T must get permission from municipalities before putting its large video equipment boxes on...
Shares in Nokia Corp. tumbled Friday after the leading cell phone maker said its third-quarter global market share will decline from second-quarter level...
When Larry Page and Sergey Brin founded Google Inc. on Sept. 7, 1998, they had little more than their ingenuity, four computers and an investor's $100,00...

Advertisement
Corporate Website Design

Professional Website Design For Corporate - Get a Free Quote Today

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives