Movers roundup: Hasbro, Orbitz
By
Associated Press
July 28, 2008
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Among the stock activity stories for Monday, July 28, from AP Financial News:
NEW YORK (AP) _ Shares of Hasbro Inc. fell on Monday, after an analyst said the toy maker's shares were fully valued and downgraded the stock.
NEW YORK (AP) _ Shares of Orbitz Worldwide fell Monday after a Canaccord Adams analyst said the online travel company is "least favorably positioned" in the sector since the majority of its bookings are domestic and related to air travel.
BIRMINGHAM, Ala. (AP) _ Shares of drug developer BioCryst Pharmaceuticals Inc. jumped Monday after the company said an injectible version of its experimental seasonal flu drug met a midstage study goal of alleviating symptoms.
NEW YORK (AP) _ Greater use of generic drugs, more mail-order business and other trends which helped MedcoHealth Solutions Inc.'s quarterly earnings should also have aided rival Express Scripts Inc.'s financial results, due out Wednesday.
NEW YORK (AP) _ Shares of online photo company Shutterfly Inc. fell Monday after a Jefferies & Co. analyst lowered his price target for the stock, predicting a soft second quarter as economic weakness has hurt consumer discretionary spending.