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Movers roundup: Finisar, Cash America

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May 16, 2008

Among the stock activity stories for Friday, May 16, from AP Financial News:

NEW YORK (AP) -- Shares of wireless network component maker Finisar Corp. jumped Friday after analysts lauded its $212 million buyout of telecommunications component maker Optium Corp., and its better-than-anticipated fourth-quarter outlook.

NEW YORK (AP) -- Shares of Cash America International Inc. fell Friday a day after the payday lender slashed its profit target and said it planned to shut down its business in Ohio.

NEW YORK (AP) -- Prestige Brands Holdings Inc. shares continued to rally Friday, a day after the distributor of drugs and personal care products said higher prices helped drive double-digit growth in earnings.

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