Movers Roundup: Guess, CSG Systems

Among the stock activity stories for Wednesday, March 18, from AP Financial News:

NEW YORK (AP) — Shares of Guess Inc. rose on Wednesday, after the apparel maker and retailer reported a strong fourth quarter despite a difficult retail environment.

UNDATED (AP) — Shares of CSG Systems International Inc. were sharply higher Wednesday after an analyst upgraded the stock citing his view that business risks related to two major clients already have been priced into the shares.

NEW YORK (AP) — Shares of Poniard Pharmaceuticals Inc. jumped Wednesday after a Needham analyst brushed off concerns over low funding and initiated coverage on the stock with a "buy" rating.

NEW YORK (AP) — The latest public stock offering from Wynn Resorts Ltd. was viewed favorably by an analyst Wednesday, but ongoing softness in the Las Vegas market prompted a cut of the casino operator's price target.

NEW YORK (AP) — Shares of Lear Corp. jumped Wednesday after the struggling auto supplier said it had reached a deal with its lenders to temporarily waive defaults on its main line of credit.