Movers roundup: Visa, Dean Foods
By
Associated Press
August 6, 2008
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Among the stock activity stories for Wednesday, Aug. 6, from AP Financial News:
NEW YORK (AP) _ Shares of Visa Inc. fell Wednesday as investors avoided most financial stocks after mortgage finance company Freddie Mac reported a larger-than-expected quarterly loss.
DALLAS (AP) _ Shares of Dean Foods Co. tumbled Wednesday as the milk producer lowered its third-quarter outlook on continued cost inflation for commodities and higher competition.
NEW YORK (AP) _ Shares of Computer Sciences above. dropped Wednesday even after the technology consulting services provider reported fiscal first-quarter earnings beat Wall Street's expectations.
NEW YORK (AP) _ Time Warner Inc. shares were flat after the media conglomerate's second-quarter earnings painted a mixed picture for investors.
NEW YORK (AP) _ Shares of General Maritime Corp. jumped Wednesday after the ship owner said it will acquire Arlington Tankers Ltd. in an all-stock deal.