Movers roundup: AIG shares jump, Immunomedics stock surges on successful clinical trial

August 27th, 2009

Movers roundup: AIG, Immunomedics

Among the stock activity stories for Thursday, Aug. 27, from AP Financial News:

DES MOINES, Iowa (AP) — Shares of American International Group Inc. surged as analysts speculated the company might be reconciling with former CEO Maurice “Hank” Greenberg, who could help bring private capital and other business benefits to the company.

NEW YORK (AP) — Shares of Immunomedics Inc. rocketed to a five-year high following successful clinical trial results for epratuzumab, a drug Immunomedics developed and licensed to UCB Pharma.

NEW YORK (AP) — Shares of Boeing Co. surged after the aerospace company set a date for the first flight of its best-selling but much-delayed 787 jetliner.

SAN JOSE, Calif. (AP) — Endwave Corp., a maker of wireless communication components, said it could not provide a reason for the surge in the company’s share price.

NEW YORK (AP) — Shares of Dollar Tree Inc. continued to rise after the company reported better-than-expected quarterly results and two analysts upgraded the stock.

NEW YORK (AP) — Coldwater Creek Inc. shares rose as several analysts said they were cautiously encouraged by the company’s fiscal second-quarter results.

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