Movers roundup: TiVo, Deere
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 TiVo Inc. rose Thursday, a day after the pioneer in digital video recorders posted better-than-expected second quarter results on cost-cutting measures.
MOLINE, Ill. (AP) _ Shares of Deere & Co. rose nearly 5 percent Thursday following two announcements by the agricultural equipment maker that it will invest nearly $180 million to expand plants in the United States and Brazil.
NEW YORK (AP) _ Shares of Goldman Sachs Group Inc. rose Thursday, along with the broader market and despite an analyst cutting her price target and earnings estimates for the investment bank.
NEW YORK (AP) _ Shares of The Men's Wearhouse Inc. rose on Thursday, after the apparel retailer said its fiscal second-quarter results fell but beat analyst expectations due to tight inventory and expense control.
SIOUX FALLS, S.D. (AP) _ Shares of oil and natural gas producer Energen Corp. jumped Thursday after a UBS analyst upgraded the stock, saying fears of a U.S. natural gas glut appear overblown.