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Movers roundup: JDS Uniphase, Reddy Ice
Among the stock activity stories for Thursday, Aug. 20, from the AP Financial News:
NEW YORK (AP) — Shares of JDS Uniphase Corp. climbed after the communications equipment maker posted a smaller-than-expected loss for its fiscal fourth quarter.
NEW YORK (AP) — Shares of Reddy Ice Holdings Inc. jumped after the country's biggest packaged ice maker said five executives, including its CEO and CFO, had set up or extended a prearranged plan to buy company stock.
NEW YORK (AP) — Shares of ReneSola Ltd. jumped on news that the Chinese solar maker scored an exclusive right to develop a $706 million, 150 megawatt solar power plant in China.
NEW YORK (AP) — Shares of Whirlpool Corp. rose amid broader market gains and optimism that upcoming federal rebates will boost sales of home appliances, such as refrigerators and washing machines.
NEW YORK (AP) — Shares of Priceline.com Inc. gained, as Barclays Capital gave the online travel company an "Overweight" rating, citing signs of stabilization in the industry.
CHARLOTTE, N.C. (AP) — SunTrust Banks Inc. shares advanced after Standard&Poor's Equity Research raised its target price on the company's stock, despite predicting higher loan loss provisions.
NEW YORK (AP) — Shares of Tyler Technologies Inc. edged higher, helped by an upbeat report from William Blair&Co. predicting a growing market for the company's information management software.