SAN FRANCISCO (MarketWatch) � A relatively mild after-hours trading session was in the works Thursday, with Huntsman Corp. one of the most-active stocks following reports that the chemical company is being shopped around to private-equity firms.
HuntsmanHUN � shares fell more than 8% in after-hours trading after reports surfaced saying Bank of America/Merrill Lynch was inquiring with several private-equity companies about acquiring Huntsman, which is known for making chemicals used in paint, automobiles, clothing, housing and construction. Huntsman has been considered an acquisition target for some time.
AOL AOL �shares were mostly quiet in after-hours action. The Internet media company�s stock fell more than 5% in the regular market session after its shareholders voted down a slate of potential dissident directors promoted by hedge fund Starboard Value. Starboard, which owns about 5.3% of AOL�s shares outstanding, is known for launching proxy fights to put board members on companies it views as underperforming.
Nokia Corp. NOK �settled into the after-hours session following a brutal day of trading. The Finnish mobile-phone company saw its U.S.-listed shares fall by almost 16% after Nokia said it would cut 10,000 more jobs and shook up some of its executive positions.
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