Movers Roundup: Ford, True Religion

Among the stock activity stories for Wednesday, May 6, from AP Financial News:

NEW YORK (AP) — Investors sent shares of Ford higher as the auto maker said it was streamlining its manufacturing operations, and that it would make money selling fuel-efficient cars worldwide.

NEW YORK (AP) — Shares of True Religion Apparel Inc. surged after the premium denim maker said first-quarter profit rose 10 percent, ahead of expectations.

NEW YORK (AP) — Shares of Urban Outfitters Inc. fell as an analyst lowered estimates on the company but reiterated her "Buy" rating on the stock.

NEW YORK (AP) — Shares of Atmel Corp. dropped after the chip maker reported a deeper sales slump than Wall Street analysts were expecting.