Movers roundup: Starbucks, Seagate Technology

Among the stock activity stories for Wednesday, July 22, from AP Financial News:

NEW YORK (AP) — Shares of Starbucks Corp. soared after a number of analysts praised the company’s cost-cutting efforts following the gourmet coffee chain’s fiscal third-quarter profit report.

NEW YORK (AP) — Shares of Seagate Technology jumped after the hard drive maker raised its revenue outlook for its fiscal first quarter and an analyst upgraded the stock.

NEW YORK (AP) — Shares of St. Jude Medical Inc. dropped after the medical device maker posted disappointing second-quarter sales.

NEW YORK (AP) — Shares of C.H. Robinson Worldwide Inc. rose as analysts lauded the shipping logistics company’s better-than-expected profit and sales.