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Current DateTime: 01:05:38 04 Feb 2009
LinksList Documentid: 24355697
Movers roundup: Zale, ConocoPhillips
By: The Associated Press | 21 Jan 2009 | 06:35 PM ET
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Among the stock activity stories for Wednesday, Jan. 21, from AP Financial News:

NEW YORK (AP) — Shares of jeweler Zale Corp. dropped to an all-time low on Wednesday, following news that the company's chief financial officer has stepped down.

NEW YORK (AP) — Shares of ConocoPhillips — the third largest U.S. oil company — surged Wednesday along with the price of crude as Wall Street bounced back from a sell-off the previous day.

NEW YORK (AP) — Shares of Packaging Corp. of America rose Wednesday after its fourth-quarter earnings declined but still beat Wall Street expectations.

NEW YORK (AP) — Shares of apparel maker Hanesbrands Inc. reached an all-time low on Wednesday, after an analyst said the company is facing pressure from weak retail traffic and other factors and downgraded the stock.

NEW YORK (AP) — An analyst reduced his price target on shares of Scientific Games Corp. Wednesday, saying cost-cutting measures are unlikely to result in near-term margin improvements for the casino equipment maker.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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