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Movers roundup: Lennar, Avocent



By AP
01 July 2008 @ 03:22 pm EST

Among the stock activity stories for Tuesday, July 1, from AP Financial News:

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Quotes
LEN 12.41 -0.08
AVCT 22.59 -1.05
SCUR 4.15 0.04

SYMBOL LOOKUP

NEW YORK (AP)--Lennar Corp. shares fell to a nearly eight-year low Tuesday, continuing a downward trend, after the company reported dismal fiscal second-quarter results last week.

NEW YORK (AP)--Shares of Avocent Corp. jumped Tuesday after the company said Monday it boosted its second-quarter revenue target above Wall Street's expectations, news that led an analyst to reiterate a top rating.

NEW YORK (AP)--Secure Computing Corp. may be a less risky investment now that Wall Street expectations for the information technology security products provider have become more realistic, an analyst said Tuesday.

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 This material may not be published, broadcast, rewritten or redistributed.

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