Movers roundup: Pier 1 shares hit nearly 3-year high, BMC Software stock jumps on upgrade
By APThursday, April 8, 2010
Movers roundup: Pier 1 Imports, BMC Software
Among the stock activity stories for Thursday, April 8, from AP Financial News:
CHICAGO (AP) — Investors sent shares of troubled home decor store Pier 1 Imports Inc. to a nearly three-year high amid speculation that the company’s turnaround efforts were finally beginning to take hold.
SAN FRANCISCO (AP) — Shares of BMC Software Inc. jumped after a Credit Suisse analyst upgraded the stock, citing the possibility of better-than-expected revenue from a partnership with networking device maker Cisco Systems Inc. and the potential that BMC could be acquired.
NEW YORK (AP) — Shares of data storage company Compellent Technologies Inc. plunged after the company said its first-quarter revenue will fall short of Wall Street estimates.
