After closing 4% higher, shares of Bank of America (NYSE:BAC) are edging lower in extended trading. BofA and other banks such as Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) have rallied sharply since the EU plan emerged.
Investing Insights: How Will Precious Metals React to the EU Bailout Plan?
Pfizer, Inc. (NYSE:PFE) is .67% lower after the bell, despite rising .80% during regular trading hours. Drug companies could receive a boost this quarter as Merck’s (NYSE:MRK) third quarter profit topped estimates.
After closing .60% lower, shares of Intel Corp. (NASDAQ:INTC) climbed .60% higher after the close. Competitor Advanced Micro Devices (NYSE:AMD) reported a strong third quarter earnings report and received an upgrade to Outperform from a Wells Fargo (NYSE:WFC) analyst. The firm attributed the healthy report to a strong fourth quarter guidance, which advocates the company’s previous yield issues are being addressed and its average CPU selling price as compared quarterly to Intel Corporation’s flat one.
Don’t Miss: Coinstar Follows Netflix Down the Rabbit Hole.