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Movers roundup: Contact lens maker Cooper, ConAgra
Among the stock activity stories for Friday, Sept. 4, from AP Financial News:
NEW YORK (AP) — Shares of contact lens maker Cooper Cos. fell Friday after the company's fiscal third quarter profit fell far short of Wall Street estimates, and it pared its full-year profit and revenue forecasts.
MILWAUKEE (AP) — Shares of ConAgra Foods Inc. set a 52-week high on Friday as an analyst raised his estimates for the maker of Chef Boyardee and Hebrew National, citing strong momentum amid the recession as consumers eat more at home.
NEW YORK (AP) — Shares of crane maker Columbus McKinnon Corp. rose Friday after an analyst said a customer who distributes Columbus products is seeing evidence of improving sales.
HARTFORD, Conn. (AP) — Shares of Danaher Corp. rose Friday as an analyst said its earnings will likely increase with two acquisitions expanding the Craftsman hand tool manufacturer's medical technology and professional instrument business.