Among the stock activity stories for Friday, May 30, from AP Financial News:
NEW YORK (AP) _ Shares of Citi Trends jumped on Friday, as an analyst upgraded the apparel retailer, based on improving results.
NEW YORK (AP) _ Medical device maker Medtronic Inc. will host its annual analyst day Monday, and a Goldman Sachs analyst said some minimal improvements in efficiency should lead to steady gains for the stock.
NEW YORK (AP) _ Shares of Fred's Inc. surged Friday, a day after its first-quarter profit beat Wall Street's expectations.
NEW YORK (AP) _ Shares of Molina Healthcare Inc. rose Friday after the managed care company highlighted potential positive catalysts for the year and maintained its 2008 profit guidance during an investor day.
NEW YORK (AP) _ Shares of Cypress Semiconductor Corp. rose Friday as analysts were encouraged by presentations delivered by two of the chip maker's executives.
NEW YORK (AP) _ Shares of Conseco Inc. fell Friday afternoon, a day after the insurer rejected an offer from a hedge fund to increase its stake in the company.
NEW YORK (AP) _ Shares of OmniVision Technologies Inc. fell Friday, a day after the maker of image sensors posted fiscal fourth-quarter profit that missed Wall Street expectations.
NEW YORK (AP) _ Investors on Friday rewarded Joy Global Inc., which makes mining equipment, for a fiscal second-quarter profit that easily topped Wall Street expectations.
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