Movers roundup: Halliburton, Tesla

Movers roundup: Halliburton rise after resolving criminal probe; Tesla rises on upgrade

Associated Press

Among the stock activity stories for Friday, July 26, from AP Business News:

— Shares of Halliburton Co. rose after the company agreed to settle a federal investigation into allegations it destroyed evidence connected to the 2010 Gulf oil spill and said it will buy back more than $3 billion in stock.

— Shares of Tesla Motors Inc. rose after an analyst upgraded the stock, saying the electric car maker "has taken a very large step ahead of the competition."

— Shares in Tempur Sealy International Inc. fell, a day after the mattress company posted a quarterly loss and cut its outlook for the year on weak North America sales.

— Shares of Southwest Airlines Co. slipped while other airlines gained after federal investigators said a Southwest jet that skidded off a runway this week landed nose-down — a violation of the airline's own procedures. Raymond James also downgraded Southwest's stock.

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