Movers roundup: StanCorp, Coach

By Associated Press April 22, 2008 Comments (0)

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Among the stock activity stories for Tuesday, April 22, from AP Financial News:

NEW YORK (AP) _ Shares of StanCorp Financial Group Inc. jumped Tuesday after the insurer posted solid first-quarter results, leading a Citi Investment Research analyst to affirm a "Buy" rating on the stock.

NEW YORK (AP) _ Shares of Coach Inc. dropped Tuesday, after the luxury handbag and accessories maker reported fiscal third-quarter results above expectations, but said it would not provide financial forecasts for 2009.

NEW YORK (AP) _ Apple Inc.'s shares fell Tuesday after an American Technology Research analyst lowered his rating for the computer and gadget maker to "Neutral" ahead of the company's fiscal second-quarter report.

NEW YORK (AP) _ Shares of Astec Industries Inc. tumbled Tuesday, after the building equipment company said its first-quarter profit rose 14 percent to beat Wall Street estimates, but investors fretted about a possible slowdown in domestic sales.

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DocumentId: 627402, ~/articles/articlehandler.aspx, 7/9/2008 2:37:52 AM, No ticker

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