Morning Movers 2/23: Nova Chemicals (NCX) Up On Abu Dhabi Buyout, Citigroup (C) Up On Govt Talks - Street Insider

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Morning Movers 2/23: Nova Chemicals (NCX) Up On Abu Dhabi Buyout, Citigroup (C) Up On Govt Talks
Feb 23, 2009 03:11 PM UTC

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Via StreetInsider.com News Articles:

StreetInsider.com Morning Movers:

Nova Chemicals Corp. (NYSE: NCX) 300% HIGHER; International Petroleum Investment Company, wholly owned by the Government of the Emirate of Abu Dhabi, announced plans to acquire Nova Chemicals for $6 per share in cash.

UAL Corporation (Nasdaq: UAUA) 15% HIGHER; Bank of America upgrades to Buy

Citigroup (NYSE: C) 13% HIGHER; reports the govenment could convert its preferred stock into common stock in a plan that could boost the govenment's ownership to 40%.

Bank of America (NYSE: BAC) 13% HIGHER; Citi news

DryShips, Inc. (Nasdaq: DRYS) 11% HIGHER; Oppenheimer upgrades to Market Perform

JPMorgan Chase &

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