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Movers roundup: Cosi, Superior Industries

By Associated Press May 9, 2008 Comments (0)

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Among the stock activity stories for Friday, May 9, from AP Financial News:

NEW YORK (AP) _ Shares of Cosi Inc. jumped Friday after the restaurant chain said strong sales and franchise fees helped its first-quarter loss narrow, and an analyst kept a top rating.

NEW YORK (AP) _ Shares of Superior Industries International Inc. rose Friday, after the aluminum wheel supplier said its first-quarter profit jumped 55 percent on lower costs.

NEW YORK (AP) _ Shares of Steel Dynamics Inc. fell 5 percent Friday after an analyst said the steel producer's recent purchase of a scrap metal company would be slightly dilutive.

NEW YORK (AP) _ Ameristar Casinos Inc. shares rose Friday as an analyst said the casino operator is the best-positioned in a difficult environment and upgraded the stock.

NEW YORK (AP) _ Shares of Leap Wireless International Inc. jumped Friday after the low-cost wireless carrier reported solid first-quarter results and added more subscribers than analysts had expected.

REDWOOD CITY, Calif. (AP) _ Shares of PDL BioPharma Inc. fell Friday, after the company said its first-quarter loss widened on discontinued operations related to the sale of several key drug assets.

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