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Movers roundup: Walter Industries, Hain Celestial



By AP
05 May 2008 @ 03:15 pm EST

Among the stock activity stories for Monday, May 5, from AP Financial News:

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Quotes
WLT 74.4 -7.67
HAIN 26.29 -0.38
BUCY 50.12 -3.28
DSCO 2.09 -0.03
SNDK 13.46 -0.67
SRI 11.69 -0.74

SYMBOL LOOKUP

NEW YORK (AP) -Shares of Walter Industries Inc. climbed to a fresh 52-week high Monday after several analysts raised their estimates on the diversified industrial company, citing higher coal prices.

NEW YORK (AP) -Shares of Hain Celestial Group Inc., which makes natural and organic food and personal care products, jumped Monday after the company's fiscal third-quarter profit matched the estimates of Wall Street analysts.

NEW YORK (AP) -Apple shares rose modestly Monday after an American Technology Research analyst raised his rating to "Buy" and an RBC Capital Markets analyst increased his price target for the computer and gadget maker's stock.

NEW YORK (AP) -Shares of Bucyrus International Inc. hit a fresh 52-week high on Monday after a Lehman Brothers analyst started coverage of the mining equipment maker at "Overweight," saying it is poised to take advantage of growing commodities demand.

WARRINGTON, Pa. (AP) -Shares of Discovery Laboratories Inc. soared Monday after the biotechnology company said it will not need to conduct additional clinical trials of its lead drug candidate and a Jefferies & Co. analyst reinstated his "Buy" rating on the stock.

NEW YORK (AP) -Shares of memory chip maker SanDisk Corp. rose Monday after an analyst said he saw a surge in memory chip prices.

NEW YORK (AP) -Shares of automotive components maker Stoneridge Inc. fell Monday, as analysts said the stock has reached a fair price after reporting strong first-quarter earnings and forecast.

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 This material may not be published, broadcast, rewritten or redistributed.

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