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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