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Movers Roundup: Helix, Sequenom

By Associated Press April 3, 2008 Comments (0)

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Among the stock activity stories for Thursday, April 3, from AP Financial News:

NEW YORK (AP) _ Shares of oilfield services provider Helix Energy Solutions Inc. ticked higher Thursday after an analyst applauded its move to sell a stake in two offshore oil and gas properties.

NEW YORK (AP) _ Shares of Sequenom Inc. tumbled Thursday after the company said slow U.S. sales of one of its genetic testing products will cause 2008 revenue to fall below current Wall Street expectations.

NEW YORK (AP) _ Shares of Jamba Juice operator Jamba Inc. fell Thursday after a Jefferies & Co. analyst initiated coverage on the stock with a "Hold" rating, citing sales trends at the company's California locations.

NEW YORK (AP) _ Shares of Constellation Brands Inc. climbed Thursday as the company's adjusted fourth-quarter earnings and its 2009 forecast topped Wall Street estimates.

NEW YORK (AP) _ Shares in State Auto Financial Corp. fell in early trading after Piper Jaffray lowered its rating on the stock, saying the price is too high for the current insurance market.

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