Movers roundup: Western Alliance, Devon Energy
By
Associated Press
June 30, 2008
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Among the stock activity stories for Monday, June 30, from AP Financial News:
NEW YORK (AP) _ Shares of Western Alliance Bancorp hit a new all-time low Monday after the Las Vegas-based regional bank said it raised $30.2 million in a private placement of 3.8 million shares.
NEW YORK (AP) _ Shares of Devon Energy Corp., the largest U.S.-based independent oil and gas producer, rose Monday as an analyst boosted his price target and estimates on the company, and oil prices touched a high.
NEW YORK (AP) _ Shares of LJ International Inc. fell Monday after the Hong Kong-based jewelry retailer reported weak first-quarter revenue.