Movers roundup: Satyam, Barnes Group

Recs

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Among the stock activity stories for Wednesday, June 10, from AP Financial News:

NEW YORK (AP) _ Shares of outsourcing firm Satyam Computer Services Ltd. rose by about a third on Wednesday after an analyst rated the company "overweight" and it reported unaudited results showing it was profitable even after a fraud scandal.

HARTFORD, Conn. (AP) _ Shares of Barnes Group Inc. fell sharply Wednesday, a day after the aerospace and industrial-components manufacturer withdrew its guidance for the year because of the recession and uncertainty in transportation markets.

NEW YORK (AP) _ An analyst upgraded Popular Inc. Wednesday after the Puerto Rican financial services company announced an exchange offer to raise common equity and suspended preferred dividends.

NEW YORK (AP) _ Shares of E-Trade Financial Corp. advanced Wednesday after a report that the struggling online brokerage was working with its largest shareholder to strengthen its financial position.

LAS VEGAS (AP) _ Shares of Shuffle Master Inc. surged Wednesday after the casino equipment maker reported stronger-than-expected quarterly results.

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12/1/2009 4:00 PM
B $15.84 Up +0.33 +2.13%
Barnes Group, Inc. CAPS Rating: ***
SAY $4.43 Up +0.10 +2.31%
Mahindra Satyam CAPS Rating: ****
BPOP $2.56 Up +0.19 +8.02%
Popular, Inc. CAPS Rating: ****
ETFC $1.71 Up +0.07 +4.27%
E*Trade Financial… CAPS Rating: ****
SHFL $8.21 Up +0.04 +0.49%
Shuffle Master, In… CAPS Rating: **

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