Among the stock activity stories for Friday, June 6, from AP Financial News:
NEW YORK (AP) _ Shares of specialty contact lens maker Cooper Cos. fell Friday, despite posting fiscal second-quarter profit in line with Wall Street expectations and reaffirming its fiscal 2008 profit and revenue outlook, after analysts expressed concern about competitive pressures and free cash flow.
NEW YORK (AP) _ Shares of Tumbleweed Communications Corp. soared Friday after French information technology company Sopra Group said it would buy the maker of secure messaging software at a 53 percent premium to its Thursday closing stock price.
NEW YORK (AP) _ A Lehman Brothers analyst said Regeneron Pharmaceuticals Inc.'s cancer drug aflibercept compares more favorably with Genentech Inc.'s Avastin than investors realize.