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Movers roundup: Chesapeake Energy, Chico's FAS
By The Associated Press | 05 Dec 2008 | 06:47 PM ET
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Among the stock activity stories for Friday, Dec. 5, from AP Financial News:

NEW YORK (AP) — Shares of Chesapeake Energy Corp. fell to a level not reached in more than five years Friday on continued concern about the energy exploration company's financial health and as natural prices tumbled.

NEW YORK (AP) — Shares of apparel retailer Chico's Inc. surged on Friday, after the apparel maker detailed for analysts its plans for a turnaround amid the recession.

NEW YORK (AP) — Shares of furniture seller Knoll Inc. fell more than 4 percent Friday after a Goldman Sachs analyst moved the company to its "Sell" list, saying sales declines will accelerate.

NEW YORK (AP) — Shares of DuPont rose Friday with the broader market, a day after the chemicals maker's dismal guidance and decision to reduce its work force.

PORTLAND, Ore. (AP) — Shares of Safeway Inc. rose Friday as investors seemed cheered by the company's cost-cutting and growth plans for 2009.

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 This material may not be published, broadcast, rewritten or redistributed.

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