Among the stock activity stories for Wednesday, April 22, from AP Financial News:
NEW YORK (AP) — A report that MGM Mirage may consider selling a key Las Vegas casino could be a positive catalyst for the struggling casino operator, an analyst said Wednesday. HARTFORD, Conn. (AP) — Shares of Ingersoll-Rand Co. jumped Wednesday after the diversified manufacturer reported it fell to a first-quarter loss which nonetheless topped Wall Street expectations, and forecast better-than-expected 2009 results. NEW YORK (AP) — Shares of Illumina Inc. fell slightly Wednesday after the company reported a boost in first-quarter profit, but also said costs rose and there could be a temporary slowdown in the number of broad genetic studies in the market. CHICAGO (AP) — Shares of Tupperware Brands Corp. climbed Wednesday, a day after the household products maker posted a better-than-expected first-quarter profit and forecast second-quarter and full-year results above Wall Street estimates. BOSTON (AP) — Principal Financial Group Inc. shares rose Wednesday after a Fox-Pitt Kelton analyst began coverage of the financial services company with an "outperform" rating.- Loading Comments...
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