Among the stock activity stories for Wednesday, July 23, from AP Financial News:
SAN FRANCISCO (AP) _ VMware Inc.'s shares tumbled to a low Wednesday as investors punished the business software maker following a disappointing sales forecast, and a Citi analyst downgraded the company.
NEW YORK (AP) _ Shares of General Motors Corp. surged Wednesday to their highest price in over a month, after the automaker reported global sales figures that fell short of rival Toyota Motor Corp.'s, but showed growth in overseas markets.
NEW YORK (AP) _ Shares of Panera Bread Co. dropped Wednesday after the bakery and cafe operator cautioned investors not to expect earnings-per-share growth over 20 percent in 2009.
NEW YORK (AP) _ Shares of O'Reilly Automotive Inc. surged Wednesday, after the auto parts retailer released second-quarter results that met Wall Street predictions.
NEW YORK (AP) _ U.S.-traded shares of STMicroelectronics NV jumped Wednesday after the Switzerland-based chip maker posted a smaller second-quarter loss and, excluding items, adjusted earnings above Wall Street's expectations.
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