Movers roundup: Graphic Packaging, Qwest

AP News
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Posted: Dec 15, 2009 5:59 PM

Among the stock activity stories for Tuesday, Dec. 15, from AP Financial News:

NEW YORK (AP) _ Shares of consumer products packaging maker Graphic Packaging International Inc. jumped 11 percent Tuesday as an analyst said the company is aggressively reducing debt and overshadowing others in the industry.

NEW YORK (AP) _ Shares of Qwest Communications International Inc. got a boost Tuesday after the phone company was upgraded by UBS analyst John C. Hodulik, who cited the stock's attractive value and expectations for improving revenue.

NEW YORK (AP) _ Shares of MetroPCS Communications Inc. and Leap Wireless International Inc. _ wireless carriers that offer low-cost, prepaid service _ got a boost Tuesday after a Bernstein Research analyst started coverage of both with "Outperform" ratings.