Among the stock activity stories for Tuesday, April 29, from AP Financial News:
NEW YORK (AP) -- Shares of metal parts maker Ladish Co. hit their lowest point in nearly two years Tuesday, after the company reported first-quarter earnings that missed Wall Street's expectations.
NEW YORK (AP) -- Covance shares are falling as Wall Street was disappointed by Covance's early-stage clinical revenue and contract bookings in the first quarter.
NEW YORK (AP) -- Shares of Genentech Inc. and Biogen Idec Inc. fell Tuesday after the biotechnology companies reported a failure of their drug Rituxan to prompt a response in lupus patients in a late-stage study.
NEW YORK (AP) -- TranS1 Inc. shares jumped in Tuesday afternoon trading after the company's AxiaLIF 2L lumbar spinal fusion system was approved for sale in the U.S.
NEW YORK (AP) -- Merck & Co. shares fell Tuesday after the Food and Drug Administration rejected the drugmaker's cholesterol drug Cordaptive, marking the company's second drug application rejection in four days.
