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Movers roundup: Rigel Pharmaceuticals, Shaw Group
By: The Associated Press | 10 Jul 2009 | 02:23 PM ET
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Among the stock activity stories for Friday, July 10, from AP Financial News:

SOUTH SAN FRANCISCO (AP) — Shares of Rigel Pharmaceuticals Inc. continued climbing, a day after the drug developer said its experimental rheumatoid arthritis treatment successfully reduced patients' symptoms.

HARTFORD, Conn. (AP) — Shares of Shaw Group fell sharply a day after the engineering and construction company missed Wall Street expectations, saying higher costs drove its fiscal third-quarter profit down 85 percent.

NEW YORK (AP) — Shares of California Pizza Kitchen Inc. rose after a Raymond James analyst upgraded the company to "Outperform" from "Market Perform."

NEW YORK (AP) — A day after apparel retailer Bebe Stores Inc. posted a steep drop in fourth-quarter same-store sales, an analyst said that merchandise issues appear to be a drag on the company, but added that could improve in the future.

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 This material may not be published, broadcast, rewritten or redistributed.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