Movers roundup: Callaway Golf, MTR Gaming Group
By
Associated Press
June 12, 2008
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Among the stock activity stories for Thursday, June 12, from AP Financial News:
NEW YORK (AP) _ Shares of Callaway Golf Co. slipped Thursday after an analyst said the company's major new product launch has received a lukewarm reception from golfers.
NEW YORK (AP) _ MTR Gaming Group shares got a lift Thursday after an analyst started the stock with a "Buy" rating, citing the casino company's renewed marketing focus and room for growth.
NEW YORK (AP) _ Shares of KeyCorp sank to the lowest level in more than 13 years, following news that the Cleveland-based financial services company will halve its dividend and raise about $1.5 billion to shore up its balance sheet.