Replies to post #140913 on Traders of the Caribbean

[Dredinvestments]

Movers roundup: BB&T, Urban Outfitters

Movers roundup: BB&T rallies on reports of Colonial acquisition, Urban Outfitters shares drop

On Friday August 14, 2009, 5:55 pm EDT
Buzz up! 0
Print
Companies: BB T Corp.Colonial Bancgroup Inc.Estee Lauder Companies Inc.
Among the stock activity stories for Friday, Aug. 14, from AP Financial News:

CHARLOTTE, N.C. (AP) -- Shares of BB&T Corp. rallied on reports it will buy deposits and branches of Colonial BancGroup Inc. in a deal backed by federal regulators to take the struggling lender into receivership.

PORTLAND, Ore. (AP) -- Shares of Urban Outfitters Inc. fell after the apparel retailer reported a weak second-quarter performance.

NEW YORK (AP) -- Shares of clothing maker American Apparel Stores Inc. fell a day after the company reported profit fell in the second quarter and as an analyst said sales trends were likely to remain difficult.

NEW YORK (AP) -- Shares of Estee Lauder Cos. followed the broader markets lower after the cosmetics company posted a fiscal fourth-quarter loss because of hefty restructuring charges and unfavorable exchange rates.

NEW YORK (AP) -- Shares of oil refiner Frontier Oil Corp. fell with the broader market as an analyst cut her price target for the stock.