Sponsored by
Associated Press
  •  

Movers roundup: Stec, Stanley

By Associated Press May 15, 2008 Comments (0)

0 Recommendations

Among the stock activity stories for Thursday, May 15, from AP Financial News:

NEW YORK (AP) _ Shares of chip maker Stec Inc. soared Thursday after the company met with analysts to discuss its solid state drive technology, a relatively new competitor to conventional hard disk computer drives.

NEW YORK (AP) _ Shares of Stanley Inc., which provides systems integration and professional services for the federal government, climbed Thursday after the company's fiscal fourth-quarter results exceeded Wall Street's expectations.

NEW YORK (AP) _ Sotheby's stock rose Thursday on solid results from its contemporary art auction Wednesday, which included works by Andy Warhol, Damien Hirst and Jeff Koons.

NEW YORK (AP) _ Shares of orthopedics manufacturer Stryker Corp. fell Thursday after the company indicated that fewer hip surfacing procedures would be conducted this year than it previously forecast.

NEW YORK (AP) _ Steak n Shake Co. shares sank Thursday after the restaurant operator posted worse-than-expected second-quarter results, and analysts speculated that the economic downturn would further pressure the company and hamper its turnaround bid.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 646057, ~/articles/articlehandler.aspx, 7/24/2008 1:44:34 AM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Related Tickers

Sotheby's

BID Up! $27.54 +1.04 (+3.92%) 4:05 PM
CAPS Rating:
533 Outperforms
26 Underperforms
Rate This Stock

Major Indices

S&P 5001,282.19+0.41%
DJIA11,632.38+0.26%
RSL 2K719.19+0.33%
NASD2,325.88+0.95%
Updated: 4:02:47 PM
Sponsored by:

The Motley Poll

What company will see the next Bear Stearns-style implosion?

Sponsored by: