Movers roundup: Pinnacle Airlines, Overstock.com

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 Pinnacle Airlines Corp. soared after it said in a regulatory filing it will continue to operate Delta Connection flights for Delta Air Lines Inc.

NEW YORK (AP) _ Overstock.com Inc. shares sank Friday after the online discount retailer reported a narrower second-quarter loss, but an analyst downgraded the stock, saying the company's revenue growth may drop by 2009.

NEW YORK (AP)_ Shares of Cubist Pharmaceuticals Inc. jumped Friday after the company's adjusted second-quarter earnings surged past Wall Street forecasts on a 46 percent boost in sales of the antibiotic Cubicin.

NEW YORK (AP) _ Merrill Lynch & Co. shares fell Friday a day after the investment bank reported larger-than-expected losses for the second quarter.
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