Movers roundup: Black & Decker, Commercial Metals

Movers roundup: Black & Decker downgraded, Commercial Metals rating cut on construction woes

• On 2:26 pm EDT, Wednesday September 23, 2009

Among the stock activity stories for Wednesday, Sept. 23, from AP Financial News:

NEW YORK (AP) -- Black & Decker Corp. fell Wednesday after an analyst downgraded the shares to "sell" from "neutral" on expectations the maker of hand-held power tools will struggle in its key North American and European markets.

NEW YORK (AP) -- Commercial Metals Co. fell Wednesday after an analyst downgraded the shares to "Neutral" from "Buy" because weak non-residential construction is expected to limit volumes and prices.

NEW YORK (AP) -- Shares of hospital operator Health Management Associates Inc. fell Wednesday after a Raymond James analyst downgraded the stock citing its sharp run-up and growth concerns.

NEW YORK (AP) -- Shares of CenturyLink headed higher Wednesday after Morgan Stanley upgraded the stock, citing cost savings from the company's recent acquisition and the potential for share buybacks.

NEW YORK (AP) -- Shares of Inspire Pharmaceuticals Inc. fell Wednesday as a Wedbush Morgan analyst downgraded the stock, citing risks with the company's glaucoma treatment program and a lack of upcoming catalysts.

NEW YORK (AP) -- Shares of Stryker Corp. fell Wednesday after a Wells Fargo analyst downgraded the orthopedic device maker, saying the shares are reasonably priced and Stryker may face greater scrutiny from regulators.

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