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Updated from 1:54 p.m. EDT
Janus Capital (JNS Quote) climbed after getting an upgrade by Merrill Lynch to buy from neutral. The company also reported that its Janus Adviser Long/Short Fund now has more than $50 million in assets under management, surpassing its initial goal. Shares of the Denver-based firm were up 4.8% to $23.61.
Calamos Asset Management (CLMS Quote) was also upgraded to buy from neutral at Merrill, and its shares surged 5.1% to $23.48.
New Century Bancorp (NCBC Quote) edged lower after reporting that John Shaw Jr. has decided to retire as chief executive. His retirement was effective Friday. Shares of New Century were down 0.3% at $14.55. ...
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