What We're Trading
INTC - Barron's says Intel could rally 30% or more in the next two years, shares higher by 1% on the TradeMONSTER extended hours platform.
RNA - To be acquired by BioMarin for $17.75/share, but shares are up more than a dollar above that price in the pre.
PTP - Platinum Underwriters to be taken over by RNR for $76 has shares trading $73.13 in the pre.
AA - Reports say the company may be shopping its Rusian plants, shares react with 1% rally here.
COST - Costco was removed from the vaunted (over hyped) Convicton Buy List at Goldman Sachs, shares slide 1% in the pre. STRZA - Reports have it that the company is shopping itself for around $5 billion, shares up 10% but that still leaves shares more than $1 billion under their target.