STOCKS NEWS US-Republic valuation attracting investors: Barron's

Stocks on the move [HOT-RTRS] Real-Time Equity news [U E]

U.S. stock market report [.N]
0753 ET 06April2009-Republic valuation attracting investors: Barron's
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Barron's wrote that shares of waste hauler Republic Services (RSG.N) were
becoming attractive to investors in spite of dropping 39 percent in the past
year.

The financial publication noted that Bill Gates's investment vehicle,
Cascade Investment, had increased its stake in the waste hauler to nearly 15
percent in the past few months. [ID:nN05326949]

Shares of Republic closed Friday at $18.18.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0743 ET 06April2009-HSBC rises after response to rights issue
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U.S.-listed shares of HSBC (HSBA.L) (HBC.N) bank rose in premarket trade
after its $18.9 billion rights issue received a robust response from investors,
with leftover shares sold quickly. [ID:nL6573199]

The stock rose 2.8 percent to $33.52 in premarket trade on the New York
Stock Exchange.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0736 ET 06April2009-Flat panel TV sales may help Corning: Barron's
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Sales of flat-panel televisions have stayed steady despite the global
economic recession, Barron's wrote in its April 6 edition, calling the trend a
good sign for Corning Inc (GLW.N).

Despite that, the financial publication wrote that the specialty glass
company's other business, providing optic fiber to the telecommunications
industry and emissions control systems to the automotive industries, was
expected to remain under pressure because of the economy. [ID:nN05328383]

Corning shares closed Friday at $15.96.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0732 ET 06April2009-Bristol-Myers wins Abilify extension
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Pharmaceutical company Bristol-Myers Squibb (BMY.N) said it would sell its
Abilify schizophrenia drug about 29 months longer than expected. It had been
expected in November 2012 to return U.S. sales rights to the medicine's
discoverer, Otsuka Pharmaceutical Co of Japan. [ID:nN05344050]

The company said that the revised licensing deal would add at least 30
cents per share to the company's profit in 2013 and 2014.

Shares closed Friday at $20.17.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0726 ET 06April2009-GM CEO: bankruptcy isn't inevitable
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Fritz Henderson, the new CEO of General Motors GM.N, late Sunday said
that bankruptcy wasn't inevitable for the company, which has been pressured by
the recession and slow sales.

The government, which has ordered GM to win more concessions from workers
and bondholders, recently rejected turnaround plans GM had submitted.
[ID:nN05324490]

Shares of GM, a Dow component, rose 2.9 percent to $2.16 in premarket
trade.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net