Movers roundup: MBIA, Ross Stores
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 MBIA Inc. rallied Thursday after the beleaguered bond insurer's chairman and chief executive sent a letter to shareholders that in part said the company will make an effort to increase shareholder value.
NEW YORK (AP) _ Shares of discount apparel retailer Ross Stores Inc. touched an all-time high Thursday as the broader markets rallied on positive May sales data.
NEW YORK (AP) _ Shares of Dreamworks Animation SKG Inc. declined Thursday after an analyst cut his rating on the animated film company to "Sell," saying the stock overvalues its films' box office performance.