Administaff Climbs On Higher Q1 Profit, Acquisition News

Posted on Thursday, May 01, 2008 4:25 PM
(RTTNews) - Administaff (ASF) gapped open higher and continued to climb sharply higher during the first 20 minutes of Thursday's trading, before being range-bound throughout the remainder of the session. The climb came after the company reported a higher first-quarter profit and announced it acquired the operations of USDatalink. The stock broke resistance and surpassed its 200-day moving average. Shares closed at their highest level since early February, up $4.98 at $31.17. For comments and feedback: contact editorial@rttnews.com
Stocks To Watch Today: GE, XTO, TM, GM, KEY, APC, NUE, JCP, DE, CAM, KLAC, NOC (Click Symbol For Latest News)

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