MARKET PULSE-Idera, Exterran, Liposcience, Intercloud, CBS Outdoor

Fri Mar 28, 2014 12:21pm EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks climbed on Friday, with all 10 major S&P 500 sectors gaining in a broad rally after comments from a Chinese official indicated that the country's government was ready to take steps to support its slowing economy. The Dow Jones industrial average was up 0.76 percent at 16,388.31, the S&P 500 was up 0.79 percent at 1,863.6 and the Nasdaq Composite was up 0.89 percent at 4,188.174.

** IDERA PHARMACEUTICALS INC, $4.32, +11.34 pct

The biotechnology company said its lead experimental drug for the most common form of psoriasis was found to be safe and well tolerated by patients after 12 weeks of treatment in a mid-stage trial.

** CBS OUTDOOR AMERICAS INC, $29.76, +6.29 pct

** CBS CORP, $62.43, +11.34 pct

Shares of CBS Outdoor Americas Inc rose in their trading debut, valuing the company carved out of broadcaster CBS Corp at $3.65 billion as it steps up its efforts to grab more advertising dollars for its billboards.

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