Fly Intel: Pre-market Movers - InvestingChannel

Fly Intel: Pre-market Movers

UP AFTER EARNINGS: Starbucks (SBUX), up 3%… Lear (LEA), up 1%… Western Digital (WDC), up 11%. ALSO HIGHER: General Electric (GE), up 1% after announcing modified terms to its previously announced merger of Wabtec (WAB) and GE Transportation… Albermarle (ALB), up 3% after announcing the company has reached an agreement with the Chilean Economic Development Agency, or Corfo, on the process for establishing and validating the preferential price and terms to be offered to specialized manufacturers and that Corfo will not file the previously disclosed arbitration claim… CalAmp (CAMP), up 3% after JPMorgan analyst Paul Coster upgraded the stock to Overweight with an unchanged price target of $17. The analyst cites valuation for the upgrade and believes the company’s supply chain issues will be resolved in 2019. DOWN AFTER EARNINGS: Intel (INTC), down 6%… AbbVie (ABBV), down 3%… Colgate-Pamolive (CL), down 2%… Intuitive Surgical (ISRG), down 3%… ResMed (RMD), down 16%. ALSO LOWER: PG&E (PCG), down 8% after saying it still faces “extensive litigation” even after Cal Fire’s announcement that the company’s facilities did not cause the Tubbs wildfire.

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