US STOCKS SNAPSHOT-Wall Street climbs as banks bounce
NEW YORK, Sept 30 Wall Street rallied on Friday, lifted by a surge in Deutsche Bank shares and financial stocks after concerns eased about the health of the German bank.
* Shares in drugmaker Cipla rise 1.4 percent after Cipla Medpro won a share in South Africa's $667 million contract, as it supplies the bulk of Cipla Medpro's drugs. * Dealers say the company may garner revenues of $30-40 million from Cipla Medpro's contract. * South Africa on Thursday awarded a $667 million contract to supply life-prolonging HIV medicine to 12 international and domestic firms, including Cipla Medpro, to deal with its biggest health problem. * Cipla also plans to offer $215 million for a majority stake in South Africa's Cipla Medpro to strengthen its presence in Africa's fast-growing market for cheap, generic versions of branded drugs. (email@example.com /; firstname.lastname@example.org)
* Indexes up: Dow 1.1 pct, S&P 1.01 pct, Nasdaq 0.99 pct (Updates to late afternoon)
* Indexes up: Dow 1.02 pct, S&P 0.91 pct, Nasdaq 0.94 pct (Updates to early afternoon)