Among the stock activity stories for Thursday, July 17, from AP Financial News:
LOUISVILLE, Ky. (AP)--Shares of Yum Brands Inc. tumbled more than 6 percent Thursday, a day after the fast-food company blamed surging commodity costs for taking a bite out of U.S. profits.
NEW YORK (AP)--Shares of Nokia Corp. jumped Thursday after the world's No. 1 cell phone maker reported second-quarter report above expectations, and the company slightly increased its guidance for overall handset market growth in 2008.
WASHINGTON (AP)--Shares of Baxter International rose to an all-time high Thursday after the company reported earnings that beat Wall Street expectations, due to higher sales of biotech drugs and vaccines.
NEW YORK (AP)--Shares of Safeway Inc. dropped on Thursday after the grocery store operator lowered its expectation for 2008 same-store sales growth and said consumers are cutting back on spending amid a weak U.S. economy.

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