Movers roundup: Popular, Dollar Financial
By
Associated Press
August 29, 2008
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Among the stock activity stories for Friday, Aug. 29, from AP Financial News:
NEW YORK (AP) _ Shares of Popular Inc. jumped Friday after the Puerto Rico-based bank said it plans to sell $1.17 billion of U.S. mortgage assets to affiliates of Goldman Sachs Group Inc.
NEW YORK (AP) _ Shares of Dollar Financial Corp. jumped Friday after the payday lender said its fiscal fourth-quarter profit rose 20 percent on higher international revenue.
NEW YORK (AP) _ Shares of International Paper and Domtar Corp., a Canadian lumber and writing-paper maker, skidded Friday after both were downgraded to "Hold" from "Buy" at Deutsche Bank Securities.