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F5 Networks stock rises 6 pct on analyst upgrades
WASHINGTON (AP) -- Shares of F5 Networks gained nearly 6 percent Friday after two analysts upgraded the stock, saying that recent concerns about the company's exposure to the crisis on Wall Street are overblown.
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Smart Modular shares rise despite low outlook
NEW YORK (AP) -- Shares of Smart Modular Technologies Inc. rose Friday, even after the company reported earnings that fell short of Wall Street estimates.
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Agrium shares tumble after price target slashed
NEW YORK (AP) -- An analyst Friday slashed his price target for Agrium Inc. as the fertilizer maker's strong fundamentals succumb to "bear market conditions."
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Christopher & Banks drops after weak outlook
NEW YORK (AP) -- Shares of Christopher & Banks Corp. slid on Friday, after the women's clothing maker offered a weak third-quarter outlook and posted a 75 percent lower second-quarter profit amid softening consumer spending.
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Indevus shares double on deals with FDA, Teva
NEW YORK (AP) -- Shares of Indevus Pharmaceuticals Inc. more than doubled Friday after the company said it is collaborating with Teva Pharmaceutical Industries Ltd. to develop a treatment for stuttering and could move forward with its delayed horomonal disorder drug.
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NPS shares fall as Glaxo pulls out of drug study
NEW YORK (AP) -- Shares of NPS Pharmaceuticals Inc. tumbled Friday after partner GlaxoSmithKline ended development of a potential osteoporosis treatment, citing its ineffectiveness.
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As ads drop, McClatchy gets flexibility with banks
NEW YORK (AP) -- Newspaper publisher McClatchy Co. said Friday it has renegotiated its agreement with lenders to gain flexibility, winning concessions that help the company avoid a potential default as advertising revenue continued falling.
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Savient shares fall as it still seeks partner
NEW YORK (AP) -- Shares of Savient Pharmaceuticals fell Friday after the company said it is still searching for a partner on its lead drug candidate, the gout treatment Puricase.
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