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Movers roundup: DSW, Orbitz Worldwide

AP ONLINE

Posted: 2008-05-08 19:07:35

Among the stock activity stories for Thursday, May 8, from AP Financial News:

NEW YORK (AP) — Shares of DSW Inc. fell on Thursday, after the discount shoe retailer said same-store sales fell in the first quarter and offered guidance below expectations.

NEW YORK (AP) — Shares of Orbitz Worldwide Inc. sank Thursday after a Piper Jaffray analyst downgraded the stock to "Neutral," citing a more challenging U.S. outlook for the online travel company.

NEW YORK (AP) — Shares of APP Pharmaceuticals fell Thursday after the company said its 2008 profit would likely be flat compared with last year.

NEW YORK (AP) — Shares of Sally Beauty Holdings Inc. rose on Thursday, after the beauty-supply retailer and distributor reported adjusted fiscal second-quarter results above expectations.

NEW YORK (AP) — Shares of Encore Acquisition Co. shot up Thursday after the independent oil and natural gas producer handily topped Wall Street expectations.