Fast-food chain Sonic ( SONC ) reports quarterly financial results after U.S. Research-firm Markit releases its purchasing managers' manufacturing index for March at 9:45 a.m. What to Watch Monday: The Federal Reserve Bank of Chicago releases its national activity index for February at 8:30 a.m. Its drug to treat ovarian cancer received conditional approval for sale in Europe. And Endocyte ( ECYT ) nearly doubled in price.
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Unwired Planet ( UPIP ) soared 53 percent after selling a series of patents to Lenovo. That lifted Nexstar (NXTR) by 3 percent and Gray Television ( GTN ) by 4 percent. Lin Media ( LIN ) gained 22 percent after agreeing to be acquired by Media General ( MEG ). It's now up about 40 percent year-over-year.
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It was the only one of the 30 major banks to fail the Fed's annual 'stress test.' On the plus side: The women's apparel chain Ann ( ANN ) rose 13 percent after a private equity firm bought a big stake.
And Zions Bancorp ( ZION ) fell 5 percent.
It fired its CEO after less than two years on the job. Two other losers of note: Symantec ( SYMC ), best known for its computer security programs, slid 13 percent. The sneaker and apparel company beat earnings estimates, but warned the strong dollar will hurt its results this year. adsonar_placementId=1505951 adsonar_pid=1990767 adsonar_ps=-1 adsonar_zw=242 adsonar_zh=252 adsonar_jv='ads.tw.' Nike ( NKE ) fell 4 percent, leading the blue chip decline. Exone ( XONE ) fell 8 percent, 3D Systems ( DDD ) fell 6 percent, and Stratasys ( SSYS ) lost 7 percent. 3D printing companies, another once-hot sector, fell sharply for a third day in a row, following Hewlett-Packard's ( HPQ ) announcement that it will enter the field. Still, all three major averages posted solid gains for the week. The Dow Jones industrial average ( ^DJI ) slipped 28 points, the Nasdaq composite ( ^IXIC ) fell 42 and the Standard & Poor's 500 index ( ^GPSC ) lost 5 points. All of those movers helped lead markets lower. Illumina ( ILMN ), Intercept ( ICPT ) and Vertex ( VRTX ) all lost more than 5 percent. Amgen ( AMGN ), Regeneron ( REGN ) and Celgene ( CELG ) all fell more than 3 percent. Biogen ( BIIB ) fell more than 8 percent. Gilead ( GILD ) fell 4? percent after a House Committee asked it to justify the $84,000 per dose cost of its drug to treat hepatitis C. Biotechs have been stellar performers for more than a year, but some analysts now say they've become too expensive. AOL.comAbout UsFollow Us : DailyFinance plan 401KCareersCollegeEstate PlanningFamily MoneyHealth CareHome BuyingInsuranceRetirementTaxesResourcesLearning CenterFinancial Literacy Power of PlanningSavingsChallengeRetirement CenterIRA CenterMy Next Home My Next Job More On Plan: Is Your Child's Allowance Undermining Your Retirement? save Savings Main ShoppingGift GuidesDealsConsumer ElectronicsResourcesSavings Channel Savings ExperimentSavingsChallengeAuto Savings CalculatorsMore On Save: The $1,000 Challenge, Part 9: Nibbling Away at the Family Food Bills spend Spending MainConsumer Allåredit DebtHome BuyingShoppingTravelResourcesSavings ExperimentSavingsChallengeTax CenterMy Next Auto My Next Home My Next Trip More On Spend: The Benefits of Filing Your Taxes Early invest Investing Main401KBondsCompany NewsCommoditiesETFsMarket NewsMutual FundsStocksResourcesInvestor CenterPortfolios Find a BrokerIRA CenterInvesting CoursesTax CenterMore On Invest: After Market: Consumer Confidence Lifts Investor Confidence ShareShare After Market: Biotechs, 3-D Printing Cut Into the Week's Stock Gainsby DailyFinance MobileThe biotech sector was in the spotlight on Wall Street on Friday, and not in a good way.