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Sector roundup: Generic drug makers, chips



By AP
17 July 2008 @ 06:02 pm EST

Among the sector activity stories for Thursday, July 17, from AP Financial News:

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Quotes
BRL 61.19 -0.41
TEVA 43.02 -0.58
CATS 3.26999998092651 -0.5
ONNN 4.69 -0.52
AMD 4.59 0.36

SYMBOL LOOKUP

NEW YORK (AP)--Shares of Barr Pharmaceuticals Inc. soared Thursday on reports of buyout talks between Barr and industry leader Teva Pharmaceutical Industries Ltd. The speculation also lifted shares of other generic drug makers.

NEW YORK (AP)--Chip stocks traded higher Thursday, with Catalyst Semiconductor Inc. soaring with word that it will be purchased by ON Semiconductor Corp. and Advanced Micro Devices Inc. gaining in advance of its second-quarter report.

NEW YORK (AP)--Shares of packaging makers staged a broad-based rally Thursday as the price of natural gas, which both powers their plants and goes into making plastics, continued to fall.

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 This material may not be published, broadcast, rewritten or redistributed.

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