American International Group ( AIG) was up 6% to $26.53. Karen Finerman said the stock's movement had to do with an upgrade. Wynn Resorts ( WYNN) was up 6% to $93.43, and Las Vegas Sands ( LVS) rose by 9% to $42.20. Jeff Macke said Steve Wynn is a brilliant person and noted that the stock is up about 40% since the company announced its buyback. Biogen ( BIIB) was up 3% to $66.85. Pete Najarian mentioned that the stock was upgraded today. He also said to "keep an eye on this," since the company will be reporting its earnings tomorrow. Valero Energy ( VLO) was up about 8%. Joe Terranova likes the company and said he could see it trade $40 soon -- the stock is currently at $35.72. TransAlta ( TAC) rose by 15% to $37.06. Najarian said the sharp movement had to do with the company getting bought out for about $8 billion. Timken ( TKR) rose sharply by 22% to $34.86. Najarian said when a company "beats expectations and raises its outlook, then you got a winner."
Merck ( MRK) was down 7% to $32.82 and Schering Plough ( SGP) was down 3% to $18.35 during after-hours trading after a major European study raised concerns about the jointly marketed cholesterol drug Vytroin. Apple ( AAPL) was down about 13% to $160 in after-hours trading. The company reported strong third-quarter earnings but gave a lower-than-expected outlook. For the fourth quarter, the company expects to earn $1 a share with revenue of $7.8 billion; analysts' had expected earnings to be $1.25 a share with revenue of $8.3 billion.