Movers roundup: Novatel Wireless, Harman

Movers roundup: Novatel Wireless sinks on disappointing outlook, Harman jumps on 1Q results

• On 2:11 pm EDT, Friday October 30, 2009

Among the stock activity stories for Friday, Oct. 30, from AP Financial News:

Shares of Novatel Wireless Inc. tumbled after the wireless high-speed Internet service provider posted a disappointing outlook for the fourth quarter.

Shares of Harman International Industries Inc. hit a 14-month high a day after the company said its fiscal first-quarter sales rose from earlier this year and aggressive cost cuts continued.

Shares of Idenix Pharmaceuticals Inc. fell after the company said Novartis AG will not exercise an option to license the company's lead drug candidate, aimed at treating hepatitis C.

Shares of Bare Escentuals Inc. jumped to a new year high, a day after the mineral cosmetics company reported higher sales pushed earnings beyond analyst estimates in the third quarter.

Shares of CEC Entertainment Inc. jumped after the Chuck E. Cheese owner's third-quarter earnings easily beat Wall Street's expectations.