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Movers roundup: Molson Coors, Fossil, Papa John's
By The Associated Press | 05 Nov 2008 | 02:43 PM ET
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Among the stock activity stories for Wednesday, Nov. 5, from AP Financial News:

MILWAUKEE (AP) — Shares of Molson Coors Brewing Co. rose as the company's third quarter was helped by stabilizing trends in Britain and benefits from its new joint venture with SABMiller's U.S. unit.

NEW YORK (AP) — Shares of Fossil Inc. fell after an analyst restarted coverage by downgrading the watchmaker to "Underweight" amid a deteriorating economic environment and a strengthening dollar.

MINNEAPOLIS (AP) — Shares of drybulk hauler Genco Shipping surged after it said it was canceling plans to take delivery of six new ships.

NEW YORK (AP) — Shares of pizza-delivery company Papa John's International Inc. fell after the company said third-quarter adjusted profit declined and warned full-year results may be disappointing.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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