Northgate Minerals shares were surging 48.3% to $4.67 in premarket trading Monday and AuRico shares were falling 0.9% to $13.80.
in preventing strokes in a clinical study, the companies said.
Separately, Pfizer's lung-tumor fighting drug, Crizotinib, has been approved by the Food and Drug Administration.
Pfizer shares were gaining 2.4% to $18.64 and Bristol shares were rising 1% to $29.
and Lone Star Funds are the winners of the bids for a $9.5 billion pool of U.S. commercial real estate loans sold by
Anglo Irish Bank,
according to Reuters.
Wells Fargo shares were advancing 1.3% to $24.90 and JPMorgan shares were adding 1.4% to $36.70.
China Petroleum & Chemical Corp.
reported a 12% rise in its net earnings for the first half of 2011. But the company, which is also known as Sinopec, reported a 12.2 billion renminbi operating
in its refining business.
Looking ahead to the rest of the year, Sinopec said it expects international crude oil prices to fluctuate within a wider range. The company also said the rest of the year "is likely to be marked by turbulence in the international financial markets, bringing uncertainty to the global economic recovery."
, an equipment services provider to the oil, gas and chemical industries, plans to repurchase up to $150 million of its common stock.
Insurers such as
are expected to be in focus as investors assess the property damage in the East Coast from Hurricane Irene.
-- Written by Andrea Tse in New York.
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