Dade Behring traded up to 99-100 from 98 1/2 last week upon speculation by traders that a restructuring plan is in the works. Traders said a restructuring plan had been released but declined to comment on its contents.
In telecom news, following a fourth quarter profit loss, $5 million of Charter Communications traded. The credit was down from 98 1/8 to 98 on Tuesday. But some market players thought positive news regarding operational cash flow still make the name a good bet. And Nextel Communications traded down from 86 1/4 to 84 1/2 this week mixed feelings about telecom. Leap Wireless traded down from the 72-74 range to 70.