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Movers roundup: J2 Global Communications, Cooper Tire

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May 7, 2008

Among the stock activity stories for Wednesday, May 7, from AP Financial News:

NEW YORK (AP) -- Shares of e-mail, fax and voice-mail company J2 Global Communications Inc. rose Wednesday on the company's first-quarter results, which saw a sharp rise in subscriber revenue.

FINDLAY, Ohio (AP) -- Shares of Cooper Tire & Rubber Co. tumbled Wednesday after the company announced a steep drop in first-quarter profit, blaming a drop in sales and rising raw material costs.

NEW YORK (AP) -- Shares of United Online Inc. rose Wednesday after the consumer Internet and media services company said its first-quarter revenue and adjusted earnings beat analysts' views.

NEW YORK (AP) -- Shares of OSI Pharmaceuticals rose Wednesday, a day after the biotechnology company beat Wall Street expectations on higher sales of its cancer drug Tarceva.

NEW YORK (AP) -- Shares of Quanta Services Inc. surged on Wednesday after the utility and telecommunication infrastructure company said its first-quarter profit fell, but still beat analyst estimates.

© Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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