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Movers roundup: Autodesk, Stericycle

By Associated Press April 24, 2008 Comments (0)

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Among the stock activity stories for Thursday, April 24, from AP Financial News:

NEW YORK (AP) _ Autodesk Inc. shares surged in midday trading Thursday, after the design software maker boosted its guidance for fiscal 2009 and the first half of the year, and an analyst reiterated his recommendation that investors buy the stock.

NEW YORK (AP) _ Shares of Stericycle Inc. rose Wednesday afternoon after the medical waste management company's adjusted first-quarter results easily beat Wall Street's expectations, and an analyst reiterated a top rating.

NEW YORK (AP) _ Shares of both Applied Biosystems Group and its separately traded Celera Genomics unit tumbled Thursday, after analysts said the companies' quarterly earnings reports were disappointing.

NEW YORK (AP) _ Shares of Select Comfort Corp. dropped 22 percent on Thursday, after the bedding maker said it swung to a first-quarter loss due to a pullback in consumer spending and a reduced advertising budget.

NEW YORK (AP) _ Shares of Tractor Supply Co. traded sharply lower on Thursday, a day after the farm equipment retailer said it swung to a loss in the first quarter and cut its outlook for the year.

NEW YORK (AP) _ Shares of True Religion Apparel Inc. rose on Thursday after an analyst said denim is one of the standouts amid weak apparel trends and upgraded the jeansmaker's stock.

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