AP News

Movers roundup: Abercrombie & Fitch, Cisco

By The Associated Press
November 14, 2012

Among the stock activity stories for Wednesday, Nov. 14, from AP Business News:

— Investors scrambled to get a piece of Abercrombie & Fitch Co. after the teen retailer blew past Wall Street expectations for its third quarter and then raised its guidance for the entire year.

— Shares of Cisco Systems Inc., the world's largest maker of computer networking gear, climbed after it reported improvements in business trends in its latest quarter.

— Shares of Synergy Pharmaceuticals Inc. rose after the company detailed its plans for developing its bowel drug plecanatide.

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