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Movers Roundup: Urban Outfitters, Hot Topic

Among the stock activity stories for Thursday, May 7, from AP Financial News:

NEW YORK (AP) ¿ Shares of Urban Outfitters Inc. fell on Thursday, after the apparel retailer said same-store sales fell 10 percent in the first quarter.

NEW YORK (AP) ¿ Shares of Hot Topic fell on Thursday, after the teen apparel retailer reported same-store sales rose less than analysts expected.

NEW YORK (AP) ¿ Shares of Onyx Pharmaceuticals Inc. gained ground Thursday despite the company's weaker-than-expected first-quarter results, which showed a dip in profit on higher costs.

NEW YORK (AP) ¿ Shares of research and development contractor Albany Molecular Research Inc. fell Thursday after the company said its first-quarter profit plunged and it cut its full-year outlook as demand for contract services falls.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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