Among the stock activity stories for Tuesday, Aug. 25, from AP Financial News:
NEW YORK (AP) FreightCar America Inc. fell after an analyst downgraded the stock, saying shares of the railcar manufacturer were too expensive to warrant a "Buy" rating. NEW YORK (AP) Shares of OncoGenex Pharmaceuticals Inc. rose to their highest price in almost two years after an analyst predicted the company will soon find a partner for its cancer drug candidate and said the stock will nearly double in value. PITTSBURGH (AP) Shares of Newfield Exploration Co. dropped, a day after the company said it will voluntarily curtail about 2.5 billion cubic feet equivalent of its third-quarter production due to low natural gas prices. NEW YORK (AP) Shares of stereo and audio-equipment maker Harman International Industries Inc. gained after JP Morgan started coverage with an "Overweight" rating, calling it an "under-followed fallen angel" with strong potential to grow revenue. NEW YORK (AP) Shares of Denbury Resources Inc. fell as an analyst downgraded the oil and gas developer, citing its expensive share price and lack of near-term catalysts.- Loading Comments...
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