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Movers roundup: VMware, General Motors



By AP
23 July 2008 @ 06:17 pm EST

Among the stock activity stories for Wednesday, July 23, from AP Financial News:

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Quotes
VMW 21.03 0.58
GM 4.89 0.13
TM 61.25 -1.15
PNRA 39.24 -1.76
ORLY 22.81 0.56
STM 8.88 0.11

SYMBOL LOOKUP

SAN FRANCISCO (AP)--VMware Inc.'s shares tumbled to a low Wednesday as investors punished the business software maker following a disappointing sales forecast, and a Citi analyst downgraded the company.

NEW YORK (AP)--Shares of General Motors Corp. surged Wednesday to their highest price in over a month, after the automaker reported global sales figures that fell short of rival Toyota Motor Corp.'s, but showed growth in overseas markets.

NEW YORK (AP)--Shares of Panera Bread Co. dropped Wednesday after the bakery and cafe operator cautioned investors not to expect earnings-per-share growth over 20 percent in 2009.

NEW YORK (AP)--Shares of O'Reilly Automotive Inc. surged Wednesday, after the auto parts retailer released second-quarter results that met Wall Street predictions.

NEW YORK (AP)--U.S.-traded shares of STMicroelectronics NV jumped Wednesday after the Switzerland-based chip maker posted a smaller second-quarter loss and, excluding items, adjusted earnings above Wall Street's expectations.

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 This material may not be published, broadcast, rewritten or redistributed.

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