Movers roundup: Questcor Pharma, MF Global
By
Associated Press
February 25, 2009
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Among the stock activity stories for Wednesday, Feb. 25, from AP Financial News:
UNION CITY, Calif. (AP) _ Shares of Questcor Pharmaceuticals Inc. fell Wednesday after the company said the regulatory process for expanded approval of the drug Acthar is taking longer than expected.
NEW YORK (AP) _ Shares of MF Global Ltd. surged on Wednesday after the futures and options broker announced a cash tender offer for $210 million in convertible senior notes.
CHICAGO (AP) _ Shares of Carter's Inc. climbed Wednesday, a day after the children's clothier posted better-than-expected fourth-quarter sales.
NEW YORK (AP) _ SPX Corp. stock rose Wednesday after the industrial equipment maker reaffirmed its first-quarter and full-year 2009 guidance.