Movers roundup: American Axle, Aeropostale
By
Associated Press
April 28, 2008
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Among the stock activity stories for Monday, April 28, from AP Financial News:
NEW YORK (AP) _ Shares of American Axle & Manufacturing Holdings Inc. fell Monday, after the auto supplier reported a $27 million first-quarter loss, blaming a two-month-long strike and a drop in light truck production.
NEW YORK (AP) _ Shares of Aeropostale Inc. fell on Monday, as an analyst said the stock is fairly valued amid a difficult retail environment.
NEW YORK (AP) _ Giant Interactive Group Inc. shares jumped Monday after the Chinese online gaming company reported peak concurrent users for its game "ZT Online" hit about 2.1 million on Saturday, which Giant said is a record in the Chinese online gaming industry.
NEW YORK (AP) _ Shares of Max & Erma's Restaurants Inc. soared Monday after the company said it agreed to be bought out by private-equity company G&R Acquisition Inc. for about $10.2 million.
NEW YORK (AP) _ Shares of investment manager Invesco Ltd. rose Monday as an analyst reiterated his "Strong Buy" rating and another said the company matches up favorably against competitors.