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Movers roundup: Concur, Micros Systems

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May 1, 2008

Among the stock activity stories for Thursday, May 1, from AP Financial News:

REDMOND, Wash. (AP) -- Shares of Concur Technologies Inc., which makes corporate expense management software, soared Thursday after the company said it expects fiscal third-quarter profit to widely beat analyst expectations.

NEW YORK (AP) -- Shares in Micros Systems Inc., which makes software systems for the restaurant and hospitality industry, plunged Thursday after it said its 2008 profit will likely fall below Wall Street analysts' estimates.

NEW YORK (AP) -- Shares of Overseas Shipholding Group Inc. rose Thursday, as a Jefferies & Co. analyst reiterated his "Buy" rating on the stock, saying the crude-oil tanker operator will benefit from rising spot charter rates this year.

NEW YORK (AP) -- Shares of United Therapeutics Corp. rose Thursday after the biotechnology company said it swung to a first-quarter profit, helped by sales of its blood-pressure treatment and lower research and development costs.

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