CIT in 'Active' Talks With Government for Aid as Bonds Tumble - Bloomberg

CIT in 'Active' Talks With Government for Aid as Bonds Tumble
Bloomberg
The shares rose to $1.69 in after hours trading following a Wall Street Journal report that said US officials are “in advanced talks” about aid for CIT, ...

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Dell says computer demand has stabilized - Austin American-Statesman

Dell says machine demand has stabilized
Austin American-Statesman
After the announcement, the stock declined an additional 47 cents to $12.55 a share in after-hours trading. Analyst Ashok Kumar with Collins Stewart said ...

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CIT Group Shares Surge In After Hours On Report Of Rescue Talks - RTT News

CIT Group Shares Surge In After Hours On Report Of Rescue Talks
RTT News
(RTTNews) - Shares of troubled commercial lender CIT Group, Inc. (CIT: News ) surged in after hours trading on Monday after the Wall Street Journal reported ...

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Dell says demand for products is stabilizing - ITworld.com

Dell says demand for products is stabilizing
ITworld.com
Dell's shares on the Nasdaq fell most 4 percent in after-hours trading, to $12.55. The announcement came ahead of Dell's analyst conference to be held on ...

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Novellus Q2 lags Street view, shares slide - Reuters India

Novellus Q2 lags Street view, shares slide
Reuters India
O: Quote, Profile, Research) on Monday posted a wider than expected loss, pushing its shares more than 3 percent lower in after-hours trading. ...

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CIT Group, Inc. ( NYSE : CIT ) Stands On Precipice - HotStocked

HotStocked
CIT Group, Inc. ( NYSE : CIT ) Stands On Precipice
HotStocked
Closing trading on Thursday at $1.86, CIT opened on Friday at a severley diminished $1.35, closing the day at $1.53, with after hours trading showing ...

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Banking stocks are the premarket sector to watch (BAC, GS, C)

Several banking stocks are benefiting early Monday from noted financial bear Meredith Whitney’s bullish comments on the sector.

Bank of America (NYSE: BAC) shares are up about 5 percent to $12.50 on premaket volume of 3 million shares, after the analyst said BofA is the cheapest of the banking names, based on her analysis of tangible book value.

Also rising are shares of Goldman Sachs Group (NYSE: GS), up about 4 percent to $147 on volume of nearly 250,000 shares, after it was upgraded to Buy from Neutral by Meredith Whitney Advisory Group.

Other stocks in the group also are seeing increased volumes in the early going.

Whitney, a former analyst at Oppenheimer & Co. became well known for being one of the only bearish analysts on the banking sector back in 2007, making timely calls on stocks including Citigroup (NYSE: C). She has since started her possess analytical firm, and today is publicizing her firm’s bullish views on individual stocks in the sector for the first time. — Mike Tarsala

VOLUME ALERT: Oculus Innovative Sciences (OCLS)

Oculus Innovative Sciences Inc. (Nasdaq: OCLS) shares are up more than 5 percent on volume of 37,000 shares near the open. The company this morning said OroScience will exclusively market Oculus’ Microcyn-based oral products in the U.S., Canada and dweller markets. Terms of the revenue-sharing commendation were not disclosed.– Mike Tarsala

Singapore bunkers surpass Hong Kong prices - bunkerworld (subscription)

Singapore bunkers surpass Hong Kong prices
bunkerworld (subscription)
Crude oil prices, meanwhile, were retreating in after-hours trading on Monday after closing 0.86% lower on Friday. Light sweet crude for August contract ...

Asian stocks down Monday morning - Business Day

Asian stocks down Monday morning
Business Day
Crude oil fell 1% in after-hours trading, extending July 10's 0.9% drop. Daiichi Sankyo gained 2.8% to 1710 yen. Prasugrel, a drug developed by the company ...

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