Movers roundup: AMD, Legg Mason

By Associated Press May 6, 2008

0 Recommendations

Among the stock activity stories for Tuesday, May 6, from AP Financial News:

NEW YORK (AP) _ Shares of Advanced Micro Devices Inc. continued to rise Tuesday as documents revealed the chip maker filed an antitrust lawsuit against competitor Intel Corp. and an analyst said the company may be close to retooling its manufacturing practices.

NEW YORK (AP) _ Shares of Legg Mason Inc. fell Tuesday after the investment manager said it lost more than $250 million in the fiscal fourth quarter as it set aside millions for possible bailouts of funds rattled by shaky capital markets.

NEW YORK (AP) _ Yellow page publisher Idearc Inc.'s 8 percent jump in first-quarter earnings sent shares skyrocketing Tuesday afternoon, yet analysts closely scrutinized fine details of the results.

NEW YORK (AP) _ Shares of Estee Lauder Cos. rose on Thursday, after the cosmetics maker raised the lower part of its fiscal-year guidance, but one analyst said there was little to spur the share run-up.

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DocumentId: 638997, ~/articles/articlehandler.aspx, 5/17/2008 4:19:56 AM

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