Movers Roundup: Tibco, Edwards Lifesciences
Among the stock activity stories for Friday, Sept. 25, from AP Financial News:
NEW YORK (AP) Shares of Tibco Software Inc. rose after the company's third-quarter earnings topped Wall Street expectations with the help of lower expenses. NEW YORK (AP) Shares of heart device maker Edwards Lifesciences Corp., which have traded at all-time highs in recent months, climbed further after a UBS analyst upgraded the stock. NEW YORK (AP) Industrial conglomerate Textron Inc. fell after an analyst downgraded the stock, which has risen more than twice as fast as its peers since the end of the second quarter. NEW YORK (AP) Shares of Canadian drug developer Biovail Corp. rose after a J.P. Morgan analyst started coverage on the stock with an "Overweight" rating and $19 price target. NEW YORK (AP) Shares of BlackBerry maker Research in Motion Ltd. fell sharply after the company projected disappointing third-quarter sales and surprised some analysts by dropping the average sale price for its smart phones.- Loading Comments...
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