BUZZ-U.S. Stocks on the Move-G-III Apparel, Alico, oil stocks
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U.S. stocks rose modestly on Wednesday as energy-related shares rose for a third straight session and data pointed to improving conditions in the U.S. services sector, which makes up a majority of the economy. The Dow Jones industrial average was up 0.10 percent at 17,896.86, the S&P 500 was up 0.23 percent at 2,071.24 and the Nasdaq Composite was up 0.19 percent at 4,764.73.
** TECHNICAL COMMUNICATIONS CORP, $6.07, +51.43 pct
The company received a contract worth $3.3 million from Egypt for military bulk encryption products and expects to deliver equipment, used to protect missile firing commands and military telephone networks, in first nine months of FY15.
** PUMA BIOTECHNOLOGY INC, $193.13, -14.16 pct
The company said marketing application for its breast cancer drug will be delayed to Q1 2016 from H12015, after FDA asked for data on risk of patients developing secondary cancer.