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updated 03:33, Wed October 03, 2007

Movers Roundup: Geo Group Shares Fall on Lost Contract, Baidu.com Shares Reach All-Time High

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

BOCA RATON, Fla. (AP) -- Shares of Geo Group Inc. fell Tuesday after the prison operator lost its contract with the Texas Youth Commission.

NEW YORK (AP) -- Shares of Chinese search engine operator Baidu.com Inc. reached an all-time high Tuesday after a JPMorgan analyst initiated coverage of the stock with an "Overweight" rating, saying shares will rise as Internet use in China increases and the company gains market share.

NEW YORK (AP) -- Shares of Wynn Resorts Ltd. climbed to a new 52-week high Tuesday as a Jefferies & Co. analyst raised his price target, citing the increased financial flexibility provided by a recent share offering.

NEW YORK (AP) -- Shares of Miva Inc. dropped Tuesday after the company predicted its third-quarter results will come in below its earlier outlook, based on preliminary results.

NEW YORK (AP) -- Shares of Flir Systems Inc. dipped Tuesday after a Needham & Co. analyst downgraded the company's shares, saying they have risen to a fair height.

NEW YORK (AP) -- Shares of Palm Inc. declined Tuesday after the Treo maker said it swung to a first-quarter loss and predicted posting a loss in its second quarter.

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