What I'm Trading
Jon "DRJ" Najarian | [email protected]
GE - General Electric beat by a penny, but revenue was indeed stronger, thus a 3.5% rally in the pre.
LIFE - Life Tech trades up $7.60 as company hires banks to review strategic alternatives.
AAPL - Apple trades sub $500, down $3.75 after reports that Sharp has nearly halted production of iPad screens.
AM - American Greetings gets a sweetened bid from the Weiss Family, as the takeover price was upped to $17.50 per share in cash.
COF - Capital One missed EPS badly last night and shares trading down $4.49 in the pre.
INTC Beat EPS forecasts by 3 cents, but the chip maker said they saw weak sales in PC segment & part of the beat was due to a better than expected tax rate, shares slide 6% in the pre.
PH - Parker-Hannifin beat EPS forecasts by 8 cents on stronger revenues, shares up $2.10 in the pre.
SNE - Sony trading up 7% after the electronic giant announced sale of NY headquarters for $1.1B.