AP News

Movers roundup: General Electric, Cepheid


Among the stock activity stories for Thursday, Sept. 27, from AP Business News:

— General Electric Co. shares rose to a four-year high as the conglomerate told analysts it expects industrial revenue to rise about 10 percent this year.

— Shares of Cepheid dropped after the molecular diagnostics company gave a disappointing third-quarter revenue forecast, saying production problems are hurting its sales.

— NXP Semiconductors NV's shares rose as one analyst predicted revenue gains based on reports that the chip-maker is a supplier to the new iPhone, the world's most popular smartphone.


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