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Movers roundup: WuXi Pharmatech, Pacer



By AP
25 June 2008 @ 02:37 pm EST

Among the stock activity stories for Wednesday, June 25, from AP Financial News:

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Quotes
CVD 94.47 -1.47
PACR 21.36 0.57
DRI 29.1 0.34
ASCA 16.57 -0.15

SYMBOL LOOKUP

NEW YORK (AP)--Shares of WuXi Pharmatech Inc. surged Wednesday after the Chinese drug development services company said it will create a joint venture with its American peer Covance Inc.

NEW YORK (AP)--Shares of Pacer International Inc. rose Wednesday after a Stifel Nicolaus analyst raised his second-quarter and full-year earnings estimates on the logistics and freight transportation provider, citing intermodal strength.

NEW YORK (AP)--Shares of Darden Restaurants Inc. soared Wednesday after the casual-dining chain operator reported a profit in its fourth quarter on a big boost in sales at Olive Garden.

NEW YORK (AP)--Ameristar Casinos Inc. shares shot up Wednesday after an analyst said the stock is now fairly valued after a recent pullback.

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 This material may not be published, broadcast, rewritten or redistributed.

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