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Movers roundup: Polo Ralph Lauren, Brunswick



By AP
28 May 2008 @ 06:34 pm EST

Among the stock activity stories for Wednesday, May 28, from AP Financial News:

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Quotes
RL 54.65 5.1
BC 8.15 0.66
AEO 11.15 0.68
ETM 2.87 0.42
COGT 9.85 0.24
MYGN 57.83 1.87

SYMBOL LOOKUP

NEW YORK (AP)--Shares of Polo Ralph Lauren Corp. rose on Wednesday, after the apparel maker reported better-than-expected fourth-quarter earnings as sales jumped.

NEW YORK (AP)--Brunswick Corp.'s stock slipped to a fresh 52-week low Wednesday as the economic downturn continues to weigh on the boating industry, but an RBC Capital analyst said he remains confident in Brunswick's long-term prospects.

NEW YORK (AP)--Shares of American Eagle Outfitters Inc. rose on Wednesday, as the teen apparel retailer said profit fell on weak sales and higher markdowns but still beat analyst expectations.

NEW YORK (AP)--Shares of radio broadcaster Entercom Communications Corp. dropped Wednesday after a Stanford Research analyst cut his rating on the shares, saying the weak economy could dampen demand for advertising.

NEW YORK (AP)--Investors sent shares of Cogent Inc. surging in Wednesday afternoon trading after the maker of fingerprint identification systems reported its first-quarter profit more than doubled over the year-ago period.

NEW YORK (AP)--Shares of biotechnology company Myriad Genetics Inc. fell Wednesday on continued concern that the company's Alzheimer's disease drug candidate Flurizan could miss its goal in a late-stage study.

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 This material may not be published, broadcast, rewritten or redistributed.

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