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Movers Roundup: Skechers, Visa

Among the stock activity stories for Thursday, April 30, from AP Financial News:

MANHATTAN BEACH, Calif. (AP) ¿ Shares of footwear maker Skechers USA Inc. jumped on Thursday, after the company said first-quarter profit rose, helped by tight cost control.

NEW YORK (AP) ¿ Shares of Visa Inc. rose Thursday after the credit card processor handily beat Wall Street expectations and posted a 71 percent jump in second-quarter profit.

NEW YORK (AP) ¿ Shares of Starbucks Corp. jumped Thursday after the coffee chain said its sales in the fiscal second quarter fell less sharply than at the end of last year.

NEW YORK (AP) ¿ Shares of Bare Escentuals Inc. soared Thursday following the cosmetics company's better-than-expected first-quarter earnings results.

NEW YORK (AP) ¿ Shares of Ameristar Casinos Inc. reached a fresh 52-week high Thursday as a Goldman Sachs analyst upgraded the casino operator on its first-quarter results and regional presence.

MILWAUKEE (AP) ¿ Shares of the world's largest cereal maker, Kellogg Co., rose on Thursday after the company said its first-quarter profit increased on cost cutting measures and beat analyst estimates.
Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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