Active Stocks: IsoRay, IDEXX Laboratories, Shire Plc, IGI Laboratories, Vitae Pharmaceuticals

U.S. stocks were on pace to close out their best week in nearly two years on Friday, helped by earnings from Microsoft and Procter & Gamble and as concerns eased over the possible spread of Ebola.

The S&P 500 is up 3.7 percent for the week, putting the index on track for its best week since the start of 2013, boosted by solid corporate earnings reports.

IsoRay, Inc.(NYSEMKT:ISR) is up on huge volume without any news. The stock made a similar move on October 7 but couldn't hold the gain. Shares reversed off the high of $2.12 all the way down to $1.22 on October 16.

IDEXX Laboratories, Inc.(NASDAQ:IDXX) Q3 results: Revenues: $383.5M (+13.4%); COGS: $170.2M (+11.6%); R&D Expense: $24.8M (+14.8%); SG&A: $116.3M (+17.8%); Operating Income: $72.2M (+10.2%); Net Income: $52.2M (+14.2%); EPS: $1.03 (+19.8%); Quick Assets: $292.7M (+4.9%).

Shire plc (NASDAQ:SHPG) Q3 results ($M): Revenues: 1,597.1 (+31.7%); COGS: 254.3 (+40.9%); R&D Expense: 228.6 (+1.1%); SG&A Expense: 522.9 (+31.9%); Operating Income: 572.0 (+49.4%); Net Income: 479.7 (+72.4%); Earnings/ADS: 2.427 (+65.8%); Quick Assets: 467.7 (-79.1%); CF Ops: 593.4 (+36.8%).

IGI Laboratories, Inc.(NYSEMKT:IG) Q3 results: Revenues: $6.7M (+67.5%); COGS: $4M (+48.1%); R&D Expense: $1.7M (+142.9%); SG&A: $1.1M (+57.1%); Operating Loss: ($0.14M) (-250.0%); Net Loss: ($0.2M) (-100.0%); EPS: $0.0 (unch); Quick Assets: $23.2M (+999%); CF Ops: ($1.0M) (+28.6%).

Recent IPO Vitae Pharmaceuticals (NASDAQ:VTAE) is up 33% on higher-than-normal volume in response to its announcement of results from a Phase 1 trial of its BACE inhibitor, VTP-37948, in Alzheimer's patients. The drug candidate appeared safe and tolerable. Partner Boehringer Ingelheim expects to initiate more Phase 1 studies to clarify the pharmacokinetic profile and ascending dose characteristics.

Disclosure: This article contains information and opinions based on data obtained from reliable sources, which is current as of the publication date, and does not constitute a recommendation ...

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