Among the stock activity stories for Thursday, May 21, from AP Financial News:
NEW YORK (AP) PetSmart Inc. shares slid after a Goldman Sachs analyst downgraded the pet supplies retailer despite its better-than-expected earnings in the first quarter. NEW YORK (AP) Shares of Intuit Inc. jumped after the personal finance software maker posted results above analyst estimates for its fiscal third quarter. NEW YORK (AP) Canadian Solar Inc.'s healthy balance sheet, product line strategy and under-appreciated stock prompted an analyst to upgrade the solar energy product manufacturer, sending shares jumping. NEW YORK (AP) CommScope Inc. shares sank after the network infrastructure company said it would offer 8 million common shares and $200 million in senior subordinated notes due 2015. NEW YORK (AP) Better-than-expected fourth-quarter earnings and guidance drove up shares of Computer Sciences Corp., despite some cautious notes from analysts. NEW YORK (AP) Shares of Global Payments Inc. rose after an analyst upgraded the payments processing and money transfer services provider amid improving currency trends and potential growth from acquisitions.- Loading Comments...
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