updated Sun October 28, 2007

SEC Requests Information From WellCare After FBI, Other Authorities Raid Tampa Headquarters

TAMPA, Fla. (AP) -- WellCare Health Plans Inc. received requests for information from the Securities and Exchange Commission Thursday following a raid earlier this week of its headquarters by state and federal ...

updated Sun October 28, 2007

Europeans, Fearing War in Their Backyard, Mull Own Sanctions Against Iran

PARIS (AP) -- Britain and France are leading a push for new EU sanctions to punish Iran over its nuclear program. But while European nations increasingly fear a war in their backyard, the continent is divided o...

updated Sun October 28, 2007

2 Nevada Mines Accused of Under Reporting Mercury

RENO, Nev. (AP) -- Environmentalists are accusing two northern Nevada gold mines of underreporting mercury emissions to the U.S. Environmental Protection Agency.Nevada-based Great Basin Mine Watch, the Idaho Co...

updated Sun October 28, 2007

Financial Consultant Sites Named to Fannie Mae Board; Ninth New Director of Company Since 2004

WASHINGTON (AP) -- John C. Sites Jr., a financial consultant and investment expert, has been named to the board of mortgage giant Fannie Mae, the company announced Friday.Sites becomes the ninth new director el...

updated Sun October 28, 2007

Online Gaming Co. Giant Interactive Makes Play for Investors With IPO

NEW YORK (AP) -- Giant Interactive Group Inc., which develops online games in China, is making a play for investors with its planned initial public offering next week, and analysts expect the deal to top rival ...

updated Sun October 28, 2007

Shares of Merrill Lynch Jump on Report Bank Talked to Wachovia About a Deal, CEO May Be Out

NEW YORK (AP) -- Shares of Merrill Lynch & Co. jumped Friday after a report the investment bank's chief executive talked to Wachovia Corp. about a deal, and that he may lose his job because of it. The New Y...

updated Sun October 28, 2007

Airwaves Auction Still Faces Wireless Industry Challenge

WASHINGTON (AP) -- Verizon Wireless has dropped its court challenge against the government's consumer-friendly rules governing an upcoming airwaves auction -- but it's a bit early for supporters of the plan to ...

updated Sun October 28, 2007

Trident Microsystems Dives More Than 40 Percent As 5 Analysts Downgrade on Weak 2Q Guidance

NEW YORK (AP) -- Shares of Trident Microsystems Inc. plummeted more than 40 percent Friday morning after at least five analysts downgraded the graphics chip maker on its weak fiscal second-quarter guidance. The...

updated Sun October 28, 2007

BEA Tells Oracle to Go Away, Angering Major Shareholder Icahn

SAN FRANCISCO (AP) -- Business software maker BEA Systems Inc. signaled its intent to let Oracle Corp.'s $6.7 billion takeover bid expire Sunday, setting the stage for a showdown with its largest shareholder, b...

updated Sun October 28, 2007

VistaPrint Ltd. Shares Rise After First-Quarter Profit Grows 15 Percent, Analyst Upgrades

NEW YORK (AP) -- Shares of VistaPrint Ltd. rose Friday morning after the graphics design company said its first-quarter profit grew 15 percent.For the period ended Sept. 30, the Bermuda-based company said profi...

updated Sun October 28, 2007

Deckers Shares Hit All-Time High After Company Reports Strong 3rd-Quarter Results, Outlook

NEW YORK (AP) -- Shares of Deckers Outdoor Corp. hit an all-time high on Friday, after the maker of UGGs and Teva shoes issued third-quarter results and fourth-quarter guidance that beat analyst expectations. A...

updated Sun October 28, 2007

West Marine Rises Even As Company Lowers 2007 Outlooks, Faces Continued Informal SEC Inquiry

NEW YORK (AP) -- Shares of West Marine Inc. slid to a fresh 52-week low Friday before finishing higher, as analysts expressed caution over the recreational boating supply retailer's lowered full-year profit and...

updated Sun October 28, 2007

DeVry Shares Soar to New Peak As Analysts Upgrade After Fiscal 1Q Results Beat Expectations

NEW YORK (AP) -- Shares of DeVry Inc. rose to an all-time high on Friday, after at least three analysts upgraded the education company following a fiscal first-quarter report that showed profit growth of 28 per...

updated Sun October 28, 2007

Countrywide Shares Rise Sharply After Mortgage Lender Indicates Worst May Be Behind It

NEW YORK (AP) -- Shares in Countrywide Financial Corp. surged as the nation's largest mortgage lender assured investors that the worst of the mortgage crisis is likely behind it.The stock jumped $4.23, or 32.4 ...

updated Sun October 28, 2007

Panacos Jumps After HIV Drug Bevirimat Works in Mid Stage Trial, 3Q Results Top Wall Street

NEW YORK (AP) -- Shares of Panacos Pharmaceuticals Inc. surged Friday after the biotechnology company said a liquid version of its HIV drug candidate bevirimat was effective in treating the virus in a mid stage...

updated Sun October 28, 2007

Columbia Sportswear Shares Hit 52-Week Low on 4th-Quarter Outlook, Weak Orders

NEW YORK (AP) -- Shares of Columbia Sportswear Co. hit a 52-week low on Friday, after the outdoor-apparel maker said it expects fourth-quarter profit to miss analyst expectations on lower-than-expected revenue....

updated Sun October 28, 2007

Coventry Health Care's Stock Falls on Disappointing 2007, 2008 Earnings Guidance

NEW YORK (AP) -- Shares of Coventry Health Care Inc. fell sharply Friday after the managed health care services provider raised its 2007 earnings guidance below Wall Street estimates, amid inline third-quarter ...

updated Sun October 28, 2007

Alexion Shares Set 6-Year High As Analysts Expect Greater Sales of Blood Drug Soliris

NEW YORK (AP) -- Analysts forecast greater sales of Alexion Pharmaceuticals Inc.'s blood disorder drug Soliris, sending Alexion stock to a six-year high on Friday.Before trading began on Thursday, Alexion repor...

updated Sun October 28, 2007

BorgWarner Fit 52-Week High a Day After Beating Wall Street's 3rd-Quarter Predictions

NEW YORK (AP) -- Shares of BorgWarner Inc. hit a 52-week high Friday, a day after the auto supplier said its third-quarter profit more than doubled on strong global demand for fuel-efficient engine and drivetra...

updated Sun October 28, 2007

Choice Hotels Slips As Analyst Downgrades Franchisor, Sees Potential Earnings Risks

NEW YORK (AP) -- Shares of Choice Hotels International Inc. dropped Friday as a Wachovia Capital Markets analyst downgraded the hotel franchisor, saying the stock is too expensive and the company faces potentia...