Among the stock activity stories for Monday, May 19, from AP Financial News:
NEW YORK (AP) _ Shares of MasTec Inc. surged on Monday after an analyst said the industrial contractor is poised to gain from strong demand in a number of different segments and raised his price target.
NEW YORK (AP) _ Shares of Trico Marine Services Inc. soared Monday, as analysts suggested its planned acquisition of Norwegian subsea service company DeepOcean ASA should provide a big boost for the stock over the next year.
NEW YORK (AP) _ Shares of business software company Ariba Inc. jumped Monday after RBC Capital Markets analyst Robert Breza upgraded the company to "Outperform" from "Market Perform" and said it is likely to beat Wall Street estimates in fiscal 2009.
NEW YORK (AP) _ Shares of Opnext Inc., which makes fiber-optic communication network products, jumped Monday following an upgrade on news that rival Finisar Corp. is buying Optium Corp. in a deal analysts say is positive for the entire optical components sector.
NEW YORK (AP) _ Shares of InterMune Inc. rose Monday after the Food and Drug Administration gave the biotechnology company's developing lung disease treatment fast-track status, allowing for a quicker regulatory review.
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