Movers roundup: Beazer Homes, Xerox

Among the stock activity stories for Tuesday, Sept. 2, from AP Financial News:

LOS ANGELES (AP) _ Shares of Beazer Homes USA Inc. surged more than 6 percent Tuesday despite new data showing home construction spending fell in July to the lowest level in seven years.

SAN FRANCISCO (AP) _ Shares of Xerox Corp. rose more than 3 percent Tuesday as a Citi Investment analyst started coverage of the copier and printing company with a "Buy" rating and forecast improving profitability in 2009.

NEW YORK (AP) _ Shares of Ensco International Inc., which operates a fleet of offshore drilling rigs, dropped Tuesday after an analyst downgraded the company, saying he sees few positive near-term catalysts.

NEW YORK (AP) _ Shares of Intevac Inc. rose Tuesday after an analyst upgraded them, saying orders for its tools, which are used to manufacture hard drives, are likely to revive next year.

NEW YORK (AP) _ Shares of Pinnacle Entertainment Inc. jumped Tuesday after the casino operator reported that Hurricane Gustav inflicted minimal damage on its Louisiana casinos and oil prices fell to their lowest level in five months.