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Movers roundup: National City, Intevac

By Associated Press
April 21, 2008 | Comments (0)

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Among the stock activity stories for Monday, April 21, from AP Financial News:

NEW YORK (AP) _ Shares of National City Corp. touched a multiyear low Monday after the regional bank said it swung to a first-quarter loss and is raising $7 billion to shore up its capital base.

NEW YORK (AP) _ Shares of Intevac Inc. tumbled Monday morning after Needham & Co. analyst Richard Kugele downgraded the electronics maker, saying the stock has surpassed his target price and is accurately valued.

NEW YORK (AP) _ Amylin Pharmaceuticals shares sank Monday as weak sales of its diabetes drug Byetta, which one analyst called "alarming," led to disappointing first-quarter results.

NEW YORK (AP) _ Shares of Circor International Inc. spiked Monday after the valve maker raised its first-quarter outlook, leading a Robert W. Baird analyst to lift his price target and earnings estimates.

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