Movers roundup: Nautilus, Pantry
By
Associated Press
May 6, 2008
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Among the stock activity stories for Tuesday, May 6, from AP Financial News:
NEW YORK (AP) _ Nautilus Inc.'s stock soared Tuesday after an analyst upgraded the company, encouraged by better-than-expected first-quarter sales and cost control efforts.
NEW YORK (AP) _ Shares of convenience store operator Pantry Inc. jumped Tuesday after the company reported a narrower loss in its second quarter and beat Wall Street analysts' revenue estimates.
NEW YORK (AP) _ Shares of private prison operator Corrections Corp. of America rose Tuesday after the company's first-quarter profit and revenue surpassed expectations, as demand for its facilities grew.
NEW YORK (AP) _ Hess Corp. shares jumped within range of their all-time high Tuesday after Goldman Sachs added the oil producer to a recommended list and credit ratings agency Fitch upgraded the company's debt ratings.
NEW YORK (AP) _ Shares of Collective Brands Inc. fell to a 12-year low on Tuesday, following an unfavorable verdict in a lawsuit with Adidas.
NEW YORK (AP) _ Shares of McKesson Corp. rose Tuesday after the pharmaceutical and health care products distributor said its fiscal fourth-quarter profit rose 19 percent, topping Wall Street forecasts.