WECT TV6 - WECT.com - Wilmington, NC news and weather - Movers roundup: Riverbed Technology, FiberTower
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Among the stock activity stories for Monday, Oct. 26, from AP Financial News:
SAN FRANCISCO (AP) - Riverbed Technology Inc. shares rose after a Piper Jaffray analyst upgraded the stock, saying a dropin value following the corporate data network manager's recent earnings report makes for a good time to buy the shares.
NEW YORK (AP) - Shares of FiberTower Corp. took a hit after the wireless access services provider announced an exchange offer for all of its outstanding 9 percent convertible senior secured notes due 2012.
HARTFORD, Conn. (AP) - Shares of Korn Ferry International Inc. jumped after an analyst upgraded shares of the staffing company on prospects of rising revenue.
HARTFORD, Conn. (AP) - Gentex Corp. shares rose to a new 52-week high after an analyst upgraded the maker of rearview mirrors and fire protection products following a strong third-quarter report.
DANBURY, Conn. (AP) - Shares of home-furnishings retailer Ethan Allen Interiors Inc. fell 14 percent after the company said last week that it expects a wider loss in its first quarter than analysts had predicted.
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