MARKET PULSE-Responsys, Ariad Pharma, HKTV, Allergan, Oramed

Fri Dec 20, 2013 1:36pm EST
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, U.S. stocks edged higher on Friday, putting the S&P 500 on track for its biggest weekly climb in two months, after U.S. growth data boosted investor confidence that the economy can support a wind-down of Federal Reserve stimulus. The Dow Jones industrial average was up 0.56 percent at 16,269.24, the S&P 500 was up 0.67 percent at 1,821.75 and the Nasdaq Composite {.IXIC;PCTCHNG:2,LAST; [F1>0] was up F1 percent at F2 [F1<0] was down -F1 percent at F2 was unchanged at F2}.

** BLACKBERRY LTD, $7.17, +14.72 pct

The smartphone maker, which gave up on a plan to sell itself last month, reported a massive quarterly loss, as sales of its smartphones shriveled and it booked asset impairment charges and inventory writedowns.

The company also announced a five-year partnership with Foxconn Technology Co Ltd to develop and manufacture a handset for Indonesia and other emerging markets.

** ORACLE CORP, $36.61, +0.03 pct

** RESPONSYS INC, $27.06, +38.63 pct

** MARKETO INC, $37.23, +13.20 pct   Continued...