MARKET PULSE-3D Systems, Medivation, Plug Power, Arena Pharma

Fri Feb 28, 2014 11:10am EST
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U.S. stocks rose on Friday as some positive economic data boosted the S&P 500 to record levels for a second straight day and put major indexes on track for strong gains in both the week and the month. The Dow Jones industrial average was up 0.49 percent at 16,351.94, the S&P 500 was up 0.48 percent at 1,863.17 and the Nasdaq Composite was up 0.27 percent at 4,330.511.

** ENDOLOGIX INC, $13.58, -24.01 pct

The medical device maker forecast full-year revenue below the average analyst estimate due to slow growth in device sales in the United States.

** NII HOLDINGS INC, $1.24, -51.84 pct

The telecom service provider reported a 22 percent drop in quarterly operating revenue due to mounting subscriber losses.


The loss-making television broadcaster has agreed a deal with its main shareholder Time Warner to raise new debt and issue share warrants to help cover the company's financing needs.   Continued...