24/7 Wall St. Closing Bell — October 15, 2012: Markets Hold onto Gains (C, KO, ORCL, RIO, SNDK, HAS, GCI, INTC, IBM, PKG, WDFC, FRX, GS, MAT, OMC, PNC, UNH, GWW, WWW, CLWR, S, CYCC, YONG)
Clearwire Corp. (NASDAQ: CLWR) is us 13.4% at $2.64 after posting a new 52-week high of $2.96 earlier today. The wireless carrier is getting a bounce from the announcement that SoftBank will acquire 70% of Sprint Nextel Corp. (NYSE: S). More coverage here.
Cyclacel Pharmaceuticals Inc. (NASDAQ: CYCC) is up 25.6% at $6.87 after posting a new 52-week low of $7.93 earlier today. The biopharmaceutical maker reported good results on a study of survival rates on its sapacitabine capsules for treatment of a blood disease.
Yongye International Inc. (NASDAQ: YONG) is up 17.3% at $5.62. The Chinese fertilizer maker got an offer of $6.60 a share to take the company private. More coverage here.
Stay tuned for Tuesday. Fed Governor Sarah Bloom Raskin is giving a speech. We have also noted the following events on the schedule (all times Eastern):8:30 a.m. - Consumer price index 9:00 a.m. - Treasury international capital (TIC) data 9:15 a.m. - Industrial production 10:00 a.m. - Housing market index 11:30 a.m. - 4- and 52-week bill auctions