|
Among the stock activity stories for Tuesday, Oct. 2, from AP Financial News: NEW YORK (AP) -- Shares of State Street Corp. dipped Tuesday after a client sued the investment manager over losses in two of the company's bond funds. NEW YORK (AP) -- Shares of ViaCell Inc. surged Tuesday after life science tools maker PerkinElmer Inc. said it will purchase the biotechnology company for $300 million. NEW YORK (AP) -- Shares of biotechnology company Synta Pharmaceuticals Corp. rose Tuesday after Rodman & Renshaw initiated coverage with a "Market Outperform" rating and $16 price target, citing the company's strong cancer drug pipeline. NEW YORK (AP) -- Shares of Onyx Pharmaceuticals Inc. declined Tuesday after a Bear Stearns analyst cut his rating on the biopharmaceutical company, saying shares are approaching his $45 price target. NEW YORK (AP) -- Shares of National CineMedia Inc. rose Tuesday after a Lehman Brothers analyst named the company as the top pick in his small/midcap entertainment coverage. NEW YORK (AP) -- Shares of Skechers USA Inc. edged higher Tuesday, as an analyst raised his price target on the shoe retailer in anticipation of back-to-school results.
|