Among the stock activity stories for Friday, Oct. 16, from AP Financial News:
SAN FRANCISCO (AP) -- In a surprise for the IPO market, shares of China Real Estate Information Corp. leaped as much as 20 percent in their first day of trading.
PITTSBURGH (AP) -- Shares of Harris Corp. rose after the company said it received a contract valued at a total of $419 million to supply the Army with field radios and vehicle power-amplifier adapter systems.
NEW YORK (AP) -- Shares of Universal Forest Products Inc. fell after an analyst warned that the lumber and wood packaging producer faces challenges for the rest of the year from "lower construction activity and challenging economic conditions."
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