Movers roundup: Gilead Sciences, AMD
By
Associated Press
July 18, 2008
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Among the stock activity stories for Friday, July 18, from the AP Financial News:
NEW YORK (AP)_ Shares of Gilead Sciences Inc. fell sharply Friday as Wall Street viewed the drug developer's latest earnings report as sign that the company could be shifting to a more subdued level of growth as its HIV treatments saturate the market.
NEW YORK (AP) _ Shares of Advanced Micro Devices Inc. fell sharply Friday morning after the chip maker reported a wider second-quarter loss than expected and said its chief executive would step down.
NEW YORK (AP) _ Shares of Mattel Inc. rose sharply Friday after the toy maker reported better-than-expected second-quarter results, helped by the benefit of a weaker dollar and a price increase.