U.S. stocks end higher after late-session extension to rally

Date: Wed, 05 Dec 2007

U.S. stocks end higher after late-session extension to rally

NEW YORK
U.S. stocks on Wednesday leaped ahead for the first time this month,
with technology shares fronting the advance, after data cast a more
optimistic light on the U.S. economy, while leaving intact hopes of
another interest-rate cut next week.

FDA panel rejects Genentech's Avastin for breast cancer: WSJ

BOSTON
An advisory panel of the Food and Drug Administration has narrowly voted
not to recommend the agency approve Genentech Inc.'s oncology drug
Avastin for the treatment of advanced breast cancer, the Wall Street
Journal reported Wednesday afternoon.

Clinton tells Wall St. to back mortgage-reform plan

WASHINGTON
Wall Street shares the blame for the subprime mortgage crisis and should
get behind voluntary proposals to shield working families from a rising
tide of foreclosures or face the prospect of a legislative crackdown,
Democratic presidential frontrunner Sen. Hillary Clinton said
Wednesday.

Economic Report: Productivity revised to 6.3%, best in four years

WASHINGTON
Fast growth in the third quarter translated to the strongest
productivity gains in four years, the Labor Department reported
Wednesday.

White replaces silver as most popular car paint color

SAN FRANCISCO
Green may be symbolic of the environmental push toward low-emission,
fuel-sipping vehicles, but drivers choose lemon over lime when it comes
to the color of their car, according to a recent study from DuPont.