BUZZ-U.S. Stocks on the Move-USEC, Prana Biotech, Aceto, Virtus Investment
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U.S. stocks rose on Friday afternoon, rebounding from losses earlier in the session, as investors took a weak payrolls report to mean there was little risk the Federal Reserve would speed up its plans to raise interest rates. The Dow Jones industrial average was up 0.23 percent at 17,108.73, the S&P 500 was up 0.29 percent at 2,003.48 and the Nasdaq Composite was down 0.07 percent at 4,558.87.
** ACETO CORP, $21.21, +8.21 pct
The distributor of pharmaceutical products reported a fourth-quarter profit that beat analysts' estimates, helped by launch of three generic drugs and the acquisition of drug distributor Pack Pharmaceuticals.
The company said it expects the launch of eleven generic drugs to help deliver double-digit sales and earnings per share growth in 2015.
** VIRTUS INVESTMENT PARTNERS INC, $184.6, -10.09 pct Continued...