Movers roundup: DreamWorks, Martin Marietta Materials
Among the stock activity stories for Tuesday, May 6, from AP Financial News:
NEW YORK (AP) -- Shares of DreamWorks Animation SKG Inc. climbed Tuesday after a Goldman Sachs analyst raised the film studio's price target, partly on increased expectations for overseas results for "Kung Fu Panda."
NEW YORK (AP) -- Martin Marietta Materials Inc. shares rose Tuesday after the construction materials supplier reiterated its full-year earnings forecast despite a sharp drop in first-quarter results.
NEW YORK (AP) -- Shares of Thornburg Mortgage Inc. fell Tuesday, a day after the jumbo mortgage lender and investor urged its shareholders to pass a plan to increase the number of shares it can sell in an effort to remain in business.
NEW YORK (AP) -- Shares of Agco Corp. rose Tuesday after an analyst upgraded the farm equipment company on possible increased demand as crop prices rise.
NEW YORK (AP) -- LeapFrog Enterprises Inc. shares fell Tuesday after the educational tech toy company said its first-quarter loss narrowed, beating analysts expectations, but its gross margin dipped and an analyst downgraded the stock on valuation concerns.
NEW YORK (AP) -- Advent Software Inc.'s strong first-quarter results led an analyst to boost his rating Tuesday, and shares of the investment-management software maker jumped.
