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Among the stock activity stories for Thursday, Aug. 7, from AP Financial News:
NEW YORK (AP)--Shares of Abercrombie & Fitch Co. on Thursday hit their lowest price in more than two years after the apparel retailer reported weak July same-store sales, cut its second-quarter outlook and an analyst downgraded the stock.
NEW YORK (AP)--Shares of McCormick & Schmick's Seafood Restaurants Inc. soared Thursday after the restaurant chain reported second-quarter results that beat Wall Street's expectations and reiterated its 2008 guidance.
NEW YORK (AP)--Shares of Blackboard Inc. declined Thursday after the educational software company posted a lower second-quarter profit--but analysts were upbeat and some called the pullback a buying opportunity.
NEW YORK (AP)--Goldman Sachs Group Inc. shares fell 3 percent lower Thursday as the market continued to worry about weakness in the credit markets.
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