smoking campaign that it had expected to seek in its racketeering case against cigarette makers. ID:nN07457030 Shares of Texas Instruments, the world's largest maker of chips for mobile phones, were up 1.8 percent to $27.78 on the NYSE a day after it raised its second-quarter earnings forecast, and underpinned the technology sector. ID:nN07460066 "Texas Instruments did come out and say things are bigger and better. The upgrade on Caterpillar is also another positive," said Cummins Catherwood, managing director at Walnut Asset Management, Among Nasdaq movers, IAC/InterActiveCorp. rose after the online commerce company said it agreed to sell its stake in Vivendi Universal Entertainment to NBC Universal, ending a long-running legal dispute. IAC shares rose 5.2 percent to $25.92. Shares of NBC parent General Electric Co. advanced 16 cents to $37 on the NYSE. Also on Nasdaq, ImClone Systems Inc. rose 13.9 percent to $34.34. ImClone said a late-stage clinical trial showed its cancer drug Erbitux used in combination with radiation to be more effective in checking the spread of certain head and neck cancer cells than radiation alone. ID:nN08487742 On Tuesday, ImClone said Carl Icahn was looking to buy more shares in the company. ID:nN07263772 On the data front, weekly U.S. oil data due at 10:30 a.m. (1430 GMT) is expected to show a mild increase in commercial crude inventories, but jitters over thinning heating oil and diesel stocks may resurface after hitting equity markets last week. Crude was down 46 cents to $53.30.
