Movers roundup: Goodyear Tire, Lazard
By
Associated Press
May 6, 2008
|
Among the stock activity stories for Tuesday, May 6, from AP Financial News:
NEW YORK (AP) _ Shares of Goodyear Tire & Rubber Co. rose Tuesday on investor optimism about the company's prospects for growth this year, despite a tough economic environment.
NEW YORK (AP) _ Shares of Lazard Ltd. fell Tuesday after the investment bank reported a 70 percent drop in first-quarter earnings, due to a decline in financial advisory revenue and investment losses.
NEW YORK (AP) _ Shares of Weight Watcher's International Inc. fell Tuesday after the weight loss company reported a rise in first-quarter profit but said its meeting attendance dropped.
NEW YORK (AP) _ Energy Conversion Devices Inc. shares rose Tuesday after an analyst said Wall Street may be surprised at how well the alternative energy company's solar-cell business has been doing the last three months.