Nov 16th, 2009 - Wall Street Journal
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U.S. stocks rose Monday as the Dow Jones Industrial Average climbed 1% to 10377, the S&P 500 gained 1.3% to 1108 and the Nasdaq Composite increased 1.2% to 2194. Among the companies whose shares are actively trading in the session are Sprint Nextel Corp. (S), Poniard Pharmaceuticals Inc. (PARD) and Nabi Biopharmaceuticals (NABI).
Shares of Sprint Nextel Corp. ($3.45, +$0.35, +11.29%) jumped after Credit Suisse upgraded its rating to outperform from neutral, saying the nation's No. 3 wireless-phone carrier is making progress with its turnaround effort. The firm predicted this quarter to be a break-even on retail subscriber growth for ...
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SOUTH SAN FRANCISCO -- A day after Poniard Pharmaceuticals Inc. said its drug candidate picoplatin failed to improve survival for patients with lung cancer, the company reported positive data on the drug as a treatment for colorectal cancer.
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