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Movers roundup: F5 Networks, Wachovia



By AP
26 September 2008 @ 02:41 pm EST

Among the stock activity stories for Friday, Sept. 26, from AP Financial News:

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Quotes
WB 4.13 0.03
JPM 22.72 -0.66
WM 0.16 0
SMOD 0.93 -0.08
AGU 26.47 3.16
CBK 2.88 0.23
SFD 5.69 -0.12
IDEV 1.86 0.04
TEVA 41.91 0

SYMBOL LOOKUP

WASHINGTON (AP)--Shares of F5 Networks were up nearly 6 percent Friday after two analysts upgraded the stock, saying that recent concerns about the company's exposure to the crisis on Wall Street are overblown.

NEW YORK (AP)--Wachovia Corp. shares plunged Friday, one day after JPMorgan Chase & Co. agreed to acquire the deposits of failed thrift Washington Mutual Inc. in an emergency sale.

NEW YORK (AP)--Shares of Smart Modular Technologies Inc. fell Friday after the company reported earnings that fell short of Wall Street estimates.

NEW YORK (AP)--An analyst Friday slashed his price target for Agrium Inc. as the fertilizer maker's strong fundamentals succumb to "bear market conditions."

NEW YORK (AP)--Shares of Christopher & Banks Corp. slipped on Friday, after the women's clothing maker offered a weak third-quarter outlook and posted a 75 percent lower second-quarter profit amid softening consumer spending.

MILWAUKEE (AP)--Shares of Smithfield Foods Inc., the nation's largest pork producer, tumbled Friday as financing concerns continued to surround the meat industry.

NEW YORK (AP)--Shares of Indevus Pharmaceuticals Inc. more than doubled Friday after the company said it is collaborating with Teva Pharmaceutical Industries Ltd. to develop a treatment for stuttering and could move forward with its delayed hormonal disorder drug.

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 This material may not be published, broadcast, rewritten or redistributed.

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