Allied Irish Banks plc (NYSE: AIB) looks like it is being effectively nationalized. Shares are down 20% at $0.87 on 1.5 million shares.
ARM Holdings plc (NASDAQ: ARMH) is lower after big gains of the rumors O/S win. Shares are down 3.2% at $19.78 ahead of a long weekend.
Bed Bath & Beyond, Inc. (NASDAQ: BBBY) is up almost 6% at $50.49 at a new high above the prior $48.96 after it beat earnings, raised guidance, and announced a $2 billion share buyback plan.
Jo-Ann Stores, Inc. (NYSE: JAS) is surging on news that it will be acquired by Leonard Green & Partners, L.P. for $61.00 per share in cash; shares are up 33% at $60.81 on over 300,000 shares.
LM Ericsson Telephone Co. (NASDAQ: ERIC) is lower after Goldman Sachs downgraded the stock. Shares are indicated down only about 1.2% at $11.27 on 150,000 shares. It could have been worse…
Micron Technology Inc. (NASDAQ: MU) is lower after earnings were deemed short of estimates and as the company talked about soft PC demand and memory pricing pressures. Shares are down 2.8% at $8.05 on almost 700,000 shares.
Sequenom Inc. (NASDAQ: SQNM) is trading higher on news that “Sequenom CMM has commenced its pivotal clinical validation study for its SensiGene Trisomy 21 laboratory developed test.” Shares wer eup over 5% earlier but the stock is up 3.35% at $7.98 on over 50,000 share spre-market.
Verigy, Ltd. (NASDAQ: VRGY) is trading higher on a sweetened takeover offer to $15 per share; shares are up 8% at $13.65 on almost 4 million shares so far in the pre-market.
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