Movers roundup: Aladdin Knowledge, Circuit City
By
Associated Press
August 28, 2008
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Among the stock activity stories for Thursday, Aug. 28, from AP Financial News:
NEW YORK (AP) _ Shares of Aladdin Knowledge Systems Ltd. declined Thursday after the Israel-based computer security company rejected offers from Vector Capital to buy either the whole company or its digital rights management business _ calling the bids too low.
RICHMOND, Va. (AP) _ Shares of Circuit City Stores Inc. rose Thursday after hitting a roughly 20-year low the day before.
NEW YORK (AP) _ Sovereign Bancorp Inc.'s stock rebounded Thursday as shares of government-backed mortgage finance companies Fannie Mae and Freddie Mac rose for the fourth straight session.
NEW YORK (AP) _ Shares of FirstFed Financial Corp. jumped Thursday after a Keefe, Bruyette & Woods analyst questioned whether a certain type of short-selling might be affecting the stock.
NEW YORK (AP) _ Giant Interactive Group Inc. shares fell Thursday after the company reported second-quarter earnings that met analysts' views but declined to give third-quarter guidance, which prompted an analyst to downgrade the stock.