Movers Roundup: Ariad Pharmaceuticals, US Bancorp
Among the stock activity stories for Monday, Aug. 17, from AP Financial News:
NEW YORK (AP) — Shares of Ariad Pharmaceuticals Inc. rose on Monday even as the broader markets fell after an analyst said the company's lead drug candidate has good prospects. NEW YORK (AP) — Financial equities analyst Richard Bove said Monday that regional bank U.S. Bancorp's stock "might be ahead of itself," and the stock, which was up about 180 percent since its March low, slid nearly 4 percent. NEW YORK (AP) — Shares of First Solar Inc. declined on Monday, following a Barron's article that cast doubt on the solar panel maker's free cash flow, better-than-expected second-quarter profit and accounting of its OptiSolar acquisition.- Loading Comments...
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