(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 11:40 a.m. New York time.
Alcoa Inc. (AA US) rose $1.91, or 4.2 percent, to $47.20.
The world's second-biggest aluminum maker said yesterday it
withdrew its unsolicited takeover bid for aluminum producer Alcan
Inc. (AL US) after Rio Tinto Group (RIO AU) made a higher offer
of $38.1 billion. Separately, Credit Suisse Group increased its
share-price estimate for Alcoa by 22 percent to $55, saying that
takeover speculation would support the stock. Alcan shares fell
45 cents to $98.
Read more at Bloomberg Stocks News
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 11:40 a.m. New York time.
Alcoa Inc. (AA US) rose $1.91, or 4.2 percent, to $47.20.
The world's second-biggest aluminum maker said yesterday it
withdrew its unsolicited takeover bid for aluminum producer Alcan
Inc. (AL US) after Rio Tinto Group (RIO AU) made a higher offer
of $38.1 billion. Separately, Credit Suisse Group increased its
share-price estimate for Alcoa by 22 percent to $55, saying that
takeover speculation would support the stock. Alcan shares fell
45 cents to $98.
Read more at Bloomberg Stocks News
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