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Movers roundup: McKesson, Biovail

By Associated Press

June 20, 2008

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Among the stock activity stories for Friday, June 20, from AP Financial News:

NEW YORK (AP) _ Shares of health care services and information technology provider McKesson Corp. rose Friday even as the broader market fell sharply, as analysts said the company's investor day left them feeling bullish on the stock.

NEW YORK (AP) _ Shares of drug developer Biovail Corp. sank Friday after a CIBC analyst said generic drug launches will likely keep pressuring the company's revenue and restructuring efforts will be costly.

NEW YORK (AP) _ Shares of restaurant chain Steak n Shake Co. rose on Friday following news that the company named director Sardar Biglari as chairman, replacing interim Chairman Wayne L. Kelley.

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DocumentId: 669661, ~/articles/articlehandler.aspx, 10/7/2008 8:55:35 AM,

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