United Airlines operator
, based in Chicago, was up 8.2% to $6.83. UAL announced it would make major changes in order to cut costs in the current, challenging economic environment, including reducing its work force and charging customers $15 for checking the first bag.
(GME - Get Report)
added $1.52, or 3.5%, to $44.44 following the monthly video games sales report from research firm NPD that showed the industry
in May from a year ago. The U.S. video games industry has generated $6.6 billion this year, so far, and is on track to achieve $21 billion to $23 billion in revenue for 2008, said NPD.
Several chip stocks recovered after taking a beating earlier this week when the Semiconductor Industry Association cut its sales forecast for the year to 4.3% from 7.7% issued in November.
(AMD - Get Report)
rose 40 cents, or 5.6%, to $7.54 while rival
(INTC - Get Report)
was up 61 cents, or 2.8%, to $22.66.
(MU - Get Report)
rose 31 cents, or 4.22%, to $7.65.
One stock not registering a gain,
slid $1.36, or 28%, to $3.49 after disclosing in an
Securities and Exchange Comission
filing that the U.S. Patent and Trademark Office granted a patent to
on June 3 that Amgen may contend. It covers Maxygen's MAXY-G34 product candidate for chemotherapy-induced neutropenia, or a low number of the bacteria-destroying white blood cells that defend against infections.
Credit Suisse downgraded
(PDLI - Get Report)
to neutral from outperform. It's shares were trading down 46 cents, or 4.2%, at $10.66.
(SEED - Get Report)
advanced 11.6% to $6.81. The Beijing, China-based company, which develops and distributes hybrid crop seeds, announced three new corn hybrid seeds and one GM cotton seed for distribution in 2009.