Movers roundup: Sprint Nextel shares jump on upgrade, DeVry stock climbs on fall enrollment
By APWednesday, December 9, 2009
Movers roundup: Sprint Nextel, DeVry
Among the stock activity stories for Wednesday, Dec. 9, from AP Financial News:
NEW YORK (AP) — Shares of Sprint Nextel Corp. got a boost after a Citi Investment Research analyst upgraded the telecommunications company and said a combination with T-Mobile USA in the next 12 months is more likely than not.
NEW YORK (AP) — Shares of DeVry Inc. climbed further and an analyst raised his estimates for the for-profit education provider, a day after it reported better-than-expected fall enrollment at its DeVry University unit.
NEW YORK (AP) — Shares of Westport Innovations Inc. tumbled after the company priced an offering of 4.8 million shares at $10.50 per share, a 10 percent discount from Tuesday’s close.
NEW YORK (AP) — Shares of Accuray Inc. rose after a UBS analyst upgraded the maker of medical radiation equipment, citing stable orders of the company’s CyberKnife system.
NEW YORK (AP) — Shares of Bridgepoint Education Inc. rose after the online education company announced three-year cohort default rates for its schools that were not as bad as investors feared.
