Movers Roundup: General Electric, Fluor
Among the stock activity stories for Monday, March 16, from AP Financial News:
NEW YORK (AP) General Electric Co. shares rose Monday after an analyst, who had placed a short-term "Sell" on the stock in January, said most of the bad news is out of the way for shareholders, who have seen their stock fall 40 percent since the beginning of the year. HARTFORD, Conn. (AP) Shares of Fluor Corp. fell Monday as an analyst warned that customers are pulling back, though he said the engineering and construction company could exceed low expectations this year. NEW YORK (AP) Shares of Avon Products Inc. rose on Monday after an article in financial publication Barron's said the cosmetics maker's stock is undervalued. NEW YORK (AP) Shares of NPS Pharmaceuticals Inc. rose as a Jefferies & Co. analyst boosted his rating on the company after it gave a positive update on two key late-stage drug programs and further partnership developments.- Loading Comments...
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