Thursday, April 26, 2012

Thursday’s top gaining and declining stocks

Thursday’s top gaining and declining stocksTallahassee, FL 4/26/12 (StreetBeat) -- Shares of the following companies made notable moves on Thursday:

Gainers

Citrix Systems (Nasdaq: CTXS +9.28%) shares gained 8%. Analysts at FBR Capital Markets upped their rating on the shares to outperform, on the heels of first-quarter financial results issued late Wednesday.

Watson Pharmaceuticals (NYSE: WPI +6.66%) shares rose 6%. The maker of generic drugs said late Wednesday it agreed to acquire Actavis Group, a privately held company that had 2011 revenue of about $2.5 billion.

Xilinx Inc (Nasdaq: XLNX +6.22%) shares added 7.2%. The company said late Wednesday that profit slipped in the first quarter but revenue rose.

Decliners

Aetna Inc. (NYSE: AET -9.75%) shares fell 10%. Earlier Thursday, the company said first-quarter earnings fell 13% as the health insurer saw the portion of premiums paid out to cover medical costs increase.

Akamai Technologies Inc. (Nasdaq: AKAM -8.85%) fell 9%. Late Wednesday, the firm reported first-quarter results and said that its CEO succession plan is underway.

Furiex Pharmaceuticals (Nasdaq: FURX -25.87%) shares fell 26% on Thursday. Earlier Thursday, the company said the FDA has requested further data from partner Takeda Pharmaceutical, a development that Furiex called disappointing.

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