Among the stock activity stories for Wednesday, June 4, from AP Financial News:
NEW YORK (AP) _ Shares of First Horizon National Corp. rose Wednesday as the regional bank agreed to sell its residential mortgage business to a subsidiary of MetLife Inc.
NEW YORK (AP) _ Shares of Prestige Brands Holdings Inc. rose Wednesday after an Oppenheimer analyst upgraded the drug and personal care products distributor, praising its strategy and products under Chief Executive Mark Pettie.
NEW YORK (AP) _ Shares of Altera are up after the San Jose, Calif.-based chip maker guided toward the high end of its second-quarter revenue forecast late Tuesday.
NEW YORK (AP) _ Shares of Auxilium Pharmaceuticals Inc. rose Wednesday after releasing positive late-stage trial data on a drug to treat a hand condition and after a Piper Jaffray analyst raised his price target.
NEW YORK (AP) _ Shares of Tibco Software are down after the information technology company preannounced fiscal second-quarter income and revenue below analyst estimates.
NEW YORK (AP) _ Shares of Choice Hotels International Inc. sagged Wednesday as an analyst downgraded the hotel franchiser and cut its price target because of continued softness in the lodging sector.
NEW YORK (AP) _ Shares of Indevus Pharmaceuticals Inc. plunged Wednesday after the company said its injectable testosterone drug candidate will face a regulatory delay of up to two years with the Food and Drug Administration because of safety concerns.
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