Movers Roundup: Callaway Golf, Supervalu
Among the stock activity stories for Friday, Oct. 9, from AP Financial News:
NEW YORK (AP) — Even though demand is still soft, Callaway Golf Co.'s new products are spurring interest and getting people into its stores, an analyst said Friday. NEW YORK (AP) — Shares of Supervalu Inc. dropped Friday after a Barclays Capital analyst downgraded the grocery chain, saying grocery-store promotion wars and increasing sales of lower-priced items are pressuring profit margins. NEW YORK (AP) — A Goldman Sachs analyst lowered her rating on Aeropostale Inc. Friday, saying the apparel retailer's stock will likely start to slow as competitors make headway. NEW YORK (AP) — Regal Beloit Corp. shares rose Friday after the maker of motion-control and power-generation equipment boosted its fiscal third-quarter guidance. NEW YORK (AP) — Shares of Threshold Pharmaceuticals Inc. rose Friday after the company highlighted select data from a midstage cancer study of its drug candidate TH-302.- Loading Comments...
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