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Movers roundup: Citizens, Applied Materials



By AP
27 May 2008 @ 02:39 pm EST

Among the stock activity stories for Tuesday, May 27, from AP Financial News:

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Quotes
AMAT 12.7 -0.1
KNX 14.69 0.54
IMB 0.119999997317791 -0.16
CEDC 26.45 -5.67
CZN 11.6800003051758 0.15
PDX 37.99 2.13

SYMBOL LOOKUP

NEW YORK (AP)--Shares of Citizens Communications Co. jumped Monday after an analyst upgraded the stock, saying it could be a buyout candidate and may benefit from potential consolidation among rural local exchange carriers.

NEW YORK (AP)--Shares of Applied Materials Inc., which makes equipment for producing thin-film polysilicon, rose Tuesday after it demonstrated it could rapidly build manufacturing capacity for a key solar energy customer.

NEW YORK (AP)--Shares of Knight Transportation Inc. rose Tuesday after a Wachovia analyst upgraded the stock but voiced growing pessimism about the U.S. economy and other trucking stocks.

NEW YORK (AP)--Shares of Pediatrix Medical Group fell sharply Tuesday after the company announced it was cutting its second-quarter and full-year outlook on fewer neonatal intensive-care unit patients.

NEW YORK (AP)--Shares of IndyMac Bancorp Inc. fell Tuesday morning as an analyst cut his earnings estimates and price target on the mortgage lender.

NEW YORK (AP)_ Central European Distribution Corp.'s stock hit a new 52-week high Tuesday after the company closed its latest acquisition and increased earnings forecasts.

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 This material may not be published, broadcast, rewritten or redistributed.

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