Movers roundup: Caterpillar, Dillard's
By
Associated Press
August 28, 2008
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Among the stock activity stories for Thursday, Aug. 28, from AP Financial News:
PITTSBURGH (AP) _ Shares of Caterpillar Inc. rose Thursday after the company's top executive said the heavy equipment maker expects record sales this year, driven by booming demand in China and other emerging economies.
NEW YORK (AP) _ Shares of Dillard's Inc. rose on Thursday, even after the retailer offered a weak second-quarter earnings report the day before.
NEW YORK (AP) _ Shares of BB&T Corp. advanced Thursday as the broader financial sector rose and after an analyst said the regional bank's CEO transition should be a smooth one.
NEW YORK (AP) _ Shares of Amylin Pharmaceuticals Inc. staged a slight recovery Thursday after falling sharply the day before, when Amylin and its partner Eli Lilly & Co. reported new deaths among patients taking their diabetes treatment Byetta.
NEW YORK (AP) _ Shares of SWS Group Inc. jumped Thursday after the financial services firm reported a 20 percent increase in its fiscal fourth-quarter profit, which was boosted by an acquisition.