Movers roundup: Regions Financial, JPMorgan Chase

Among the stock activity stories for Monday, Sept. 8, from AP Financial News:

NEW YORK (AP) _ Shares of Regions Financial Corp. soared Monday following the government's takeover of beleaguered mortgage finance companies Fannie Mae and Freddie Mac. An analyst's upgrade of the shares also helped boost the stock.

NEW YORK (AP) _ JPMorgan Chase & Co.'s exposure to the preferred stock of Fannie Mae and Freddie Mac appears "manageable," even in the wake of the government's bailout of the troubled mortgage-finance giants, an analyst said Monday.

NEW YORK (AP) _ Shares of Strategic Hotels & Resorts Inc. gained with the broader market on Monday as optimism about an economic recovery offset concerns about a possible cut to the real estate investment trust's dividend.

NEW YORK (AP) _ Shares of Biodel Inc. plummeted to an all-time low Monday as investors appeared to doubt the future of Biodel's diabetes drug candidate based on new clinical trial results.

CHICAGO (AP) _ Shares of business development company MVC Capital Inc. rose Monday after analysts took positive views of its earnings report issued late last week.