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Movers roundup: Microtune, Meritage Homes

By Associated Press April 29, 2008 Comments (0)

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Among the stock activity stories for Tuesday, April 29, from AP Financial News:

PLANO, Texas (AP) _ Shares of TV chip company Microtune Inc. plunged to a year low Tuesday on Wall Street reaction to its second-quarter outlook.

NEW YORK (AP) _ Meritage Homes Corp. shares fell Tuesday after the homebuilder reported a larger first-quarter loss than Wall Street expected.

MINNETONKA, Minn. (AP) _ Shares of G&K Services Inc. fell to a 52-week low Tuesday, after the maker and renter of workplace uniforms said its fiscal third-quarter profit fell, missing expectations.

NEW YORK (AP) _ Shares of Lear Corp. soared Tuesday after the auto supplier reported a 57 percent jump in first-quarter profit and backed its full-year profit outlook.

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