$1.76
3.3%
Amgen Inc. jumped to $55.64, the highest since July 30. Merrill Lynch & Co. and UBS Investment Bank upgraded the world’s largest biotechnology company after it received a favorable decision on dosing guidelines for its anemia drugs.
$1.36
1%
Apple Inc. rose to $136.85, the highest since Sept. 4. UBS Investment Bank boosted earnings estimates for the maker of the iPhone, saying last week’s price cut will drive sales.
$3.16
4.9%
Humana Inc. had the steepest climb in the Standard & Poor’s 500 index, to $67.56. The U.S. House and Senate may drop plans to cut Medicare payments for a children’s health insurance program, benefiting Humana, JPMorgan said.
$0.92
4.2%
Mattel Inc. surged to $22.82, the most since August 2006. Chairman Robert Eckert blamed Mattel’s contractors for a spate of recent recalls, saying their failure to follow “well-established” guidelines forced the withdrawal of millions of toys decorated with paint that may contain hazardous levels of lead.
-$1.56
10.7%
Primedia Inc. fell to $13.01, the lowest since Feb. 13. The magazine publisher was cut to “hold” from “buy” at Deutsche Bank Securities.
$0.95
6%
Rambus Inc. rose to $16.71, the highest since July 23. The designer of computer chips gained on speculation it may be bought by Sun Microsystems Inc., the world’s third-largest maker of server computers.
