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Movers roundup: Medarex, Harris



By AP
02 June 2008 @ 02:18 pm EST

Among the stock activity stories for Monday, June 2, from AP Financial News:

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Quotes
MEDX 6.07 1.44
HRS 38.56 3.46
MWA 8.6 1.26
NTY 27.32 0.89
CTRP 36.96 3.94
ZQK 3.75 0.06

SYMBOL LOOKUP

NEW YORK (AP)--Shares of biotechnology company Medarex Inc. fell Monday after analysts expressed concerns over the company's late-stage melanoma drug candidate ipilimumab.

NEW YORK (AP)--Shares of Harris Corp. plummeted Monday after the communications and information technology company said it does not plan to be sold or merge with another company.

NEW YORK (AP)--Shares of Mueller Water Products Inc. fell with the broader market Monday, following a negative Commerce Department reading on construction spending.

NEW YORK (AP)--Shares of NBTY Inc. jumped Monday after an RBC Capital Markets analyst said the acquisition of Leiner Health Products Inc. could boost the nutritional supplement maker's profits.

NEW YORK (AP)--Shares of Ctrip.com International Ltd. fell Monday after a Susquehanna Financial Group analyst said a lack of available hotel rooms in Beijing during the August Olympic Games could hurt the Chinese online travel company.

NEW YORK (AP)--Shares of Quiksilver Inc. ticked higher on Monday, as an analyst predicted the outdoor apparel and equipment maker will report strong revenue when it releases its second-quarter earnings on Thursday.

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 This material may not be published, broadcast, rewritten or redistributed.

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