Among the stock activity stories for Wednesday, April 16, from Financial News:
NEW YORK (AP) _ Shares of Circuit City Stores Inc. faltered Wednesday as an analyst said a buyout by Blockbuster Inc. is unlikely, due to investors' concerns about the value of such a deal.
NEW YORK (AP) _ Shares of Johnson Controls Inc., which makes building and automotive systems, rose Wednesday after the company reported a 27 percent jump in fiscal second-quarter profit that beat Wall Street predictions.
NEW YORK (AP) _ Shares of Astec Industries Inc. were up sharply Wednesday after a PiperJaffray analyst reiterated his "Buy" rating on the construction equipment maker, saying strong sales in overseas markets will drive up first-quarter results.
NEW YORK (AP) _ Shanda Interactive Entertainment Ltd. shares rose Wednesday after the company said it granted Zapak Digital Entertainment Ltd. an exclusive license to run its game "Crazy Kart" in India, which marks its entrance into that market.
NEW YORK (AP) _ Valassis Communications Inc.'s stock surged Wednesday as investors welcomed news that the producer of newspaper ad inserts anticipates topping Wall Street's first-quarter earnings expectations.
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