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Nexen and Intermec Among Most Active Stocks in NYSE Pre-Market
MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the NYSE were Nexen (NYSE:NXY) Intermec (NYSE:IN) and iShares FTSE China 25 Index Fund (NYSEARCA:FXI) as of 9:20 a.m. EST. Investors exchanged 12.45 million shares of Nexen which was up $3.43 or 14.58%. According to the New York Times the Canadian government will allow China National Offshore Oil Corporation to acquire Nexen for $15 billion. Investors traded 3.1 million shares of Intermec which was up $1.84 or 23.06%. Honeywell (NYSE:HON) will buy Intermec for $603.4 million in cash or $10 per share. This price represents a 25% ...
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