Updated from 1:54 p.m. EDT
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
was also upgraded to buy from neutral at Merrill, and its shares surged 5.1% to $23.48.
New Century Bancorp
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.
fell following a disappointing profit outlook, with first-quarter income projected at 33 cents to 35 cents a share. Analysts are looking for 41 cents. Shares were sliding $2.44, or 10%, to $22.25.
tacked on 0.7% to $21.14 on news that Sandler O'Neill had upgraded its shares to buy from hold.