Movers Roundup: VeriSign, Basic Energy Services

Among the stock activity stories for Wednesday, Aug. 12, from AP Financial News:

NEW YORK (AP) — VeriSign Inc. shares gained modestly, helped by a report from Credit Suisse casting doubt on fears that the company's Internet domain business could be hurt by a pending lawsuit.

MIDLAND, Texas (AP) — Shares of Basic Energy Services climbed after the company, which services oil and gas wells, reported that its well servicing rig count remained unchanged during July and that demand showed modest, yet steady, improvement in its oil producing markets.

NEW YORK (AP) — Shares of Salesforce.com Inc. advanced after a pair of analysts touted the sales management software maker, and one upgraded the company.

NEW YORK (AP) — Shares of Seattle Genetics Inc. jumped after the company said it is publicly offering $118.2 million in common stock, while a Deutsche Bank-North America analyst initiated positive coverage on the development-stage biotechnology company.

NEW YORK (AP) — Shares of Cardiome Pharmaceuticals Corp. continued to slide after the Canadian drug developer said it will run a new clinical trial of its heart drug candidate Kynapid.

NEW YORK (AP) — A JPMorgan analyst said that Melco Crown Entertainment Ltd.'s latest offering will give it some breathing room for potential development projects.