Among the stock activity stories for Tuesday, Jan. 31, from AP Business News:
— Shares of Best Buy Co. Inc. fell after competitor RadioShack Corp.'s fourth-quarter preview served as a bad omen for the wireless business.
— Shares of U.S. Steel rose after the company reported fourth-quarter that fell short of Wall Street expectations, but said it was optimistic about its prospects for the current quarter.
— Shares of oil and gas company Rex Energy Corp. fell sharply after it said it would offer 7 million shares to raise money to pay off debt. The offering prompted a Caris & Company analyst to reduce the stock's price target.
There are no comments yet