Movers roundup: E-Trade, Cost Plus

Among the stock activity stories for Friday, Aug. 28, from the AP Financial News:

NEW YORK (AP) — Shares of online brokerage E-Trade Financial Corp. rose in heavy trading following the completion of a deal that lets its bondholders convert debt into equity.

NEW YORK (AP) — Shares of specialty retailer Cost Plus Inc. plunged after the company reported its second-quarter loss narrowed but said it expected a weak third quarter.

NEW YORK (AP) — Shares of Bebe Stores Inc. fell after the apparel retailer reported a disappointing first-quarter outlook and analysts lowered their estimates on the stock.

NEW YORK (AP) — Shares of Blockbuster Inc. jumped after the chain said it sold Irish entertainment retailer Xtra-vision Ltd. in a deal valued at up to $45 million.

NEW YORK (AP) — Shares of OmniVision Technologies Inc. surged to a new year high after the chip maker posted a smaller quarterly loss than expected and projected a rebound in sales.

NEW YORK (AP) — Shares of shoe retailer Shoe Carnival Inc. ticked higher a day after the company reported second-quarter profit above expectations and as an analyst upgraded the stock.