AP News

Movers roundup: Eli Lilly, Pandora


Among the stock activity stories for Monday, Oct. 15, from AP Business News:

— Shares of Eli Lilly and Co. rose after the drug developer said that a potential stomach cancer treatment met goals for improved patient survival and progression-free survival in a late-stage study that compared it to a dummy treatment.

— Shares of Internet radio company Pandora Media Inc. fell on worries about increasing competition after Microsoft Corp. announced that it would roll out a new music service.

— Shares of New Oriental Education & Technology Group climbed as an analyst raised her rating on the Chinese education company because of the likelihood of a favorable outcome from an investigation by the Securities and Exchange Commission.


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