Movers Roundup: ASM International, La-Z-Boy

Among the stock activity stories for Wednesday, Aug. 19, from AP Financial News:

NEW YORK (AP) — A Goldman Sachs analyst upgraded ASM International NV and added the Dutch maker of semiconductor equipment and materials to Goldman's Pan-Europe Conviction Buy List, sending the company's shares higher.

NEW YORK (AP) — An analyst upgraded shares of La-Z-Boy Inc., after the furniture maker swung to a fiscal first-quarter profit, lifting shares.

NEW YORK (AP) — Shares of American Axle & Manufacturing Holdings Inc. rose for a second straight session as investors continued to cheer news that the auto supplier had won an extension on its credit agreement and that General Motors Co. would supply a financial lifeline to the company.

NEW YORK (AP) — Shares of Palm Inc. slipped after a CL King analyst predicted the smart phone maker will miss profit forecasts for its next fiscal year.

DALLAS (AP) — Southwest Airlines Co. shares fell after an analyst downgraded the stock to "Sell," saying the shares were overpriced because the carrier is profitable but not growing.

NEW YORK (AP) — Shares of medical device maker Cyberonics Inc. fell after a Canaccord Adams analyst downgraded the company, saying a Belgian biopharmaceutial company's new anti-seizure drug will slow Cyberonics' patient growth and drag on sales growth.

NEW YORK (AP) — Shares of Ann Taylor Stores Corp. rose sharply, after an analyst upgraded the stock to "Buy" and said that its ailing Loft division is improving and boosting results for the women's retailer.