Movers roundup: ACI Worldwide 4Q profit jumps, DigitalGlobe shares rise
By APThursday, February 25, 2010
Movers roundup: ACI Worldwide, DigitalGlobe
Among the stock activity stories for Thursday, Feb. 25, from AP Financial News:
NEW YORK (AP) — ACI Worldwide Inc., which makes software for electronic payment systems, said that cost controls and higher revenue from software license and maintenance fees helped lift its fourth-quarter profit by 51 percent.
NEW YORK (AP) — Shares of satellite image provider DigitalGlobe Inc. jumped as investors reassessed the earnings report issued late Wednesday.
NEW YORK (AP) — Shares of Hospitality Properties Trust fell after an analyst downgraded the stock and said the hotel real estate investment trust is burning through security deposits, while fourth-quarter results missed expectations.
NEW YORK (AP) — Shares of Smith Micro Software Inc. surged after the company posted fourth-quarter earnings above Wall Street’s expectations.
NEW YORK (AP) — Bemis Co. should be able to quickly close its deal to buy the Alcan packaging unit from Rio Tinto PLC now that it has reached an agreement with the Department of Justice to sell off certain assets, an analyst said.
