NEW YORK (MarketWatch) — A spurt of acquisition bulletins or speak of offers involving Wisconsin Energy Corp., Oracle Corp., and General Electric Co. might set these shares up for lively buying and selling in Monday’s session.
shares might transfer after the tech firm was reported to be shut to a deal to purchase Micros Systems Inc.
for $5 billion. This can be the most important acquisition since Oracle purchased Sun Microsystems in 2010.
General Electric Co.
might garner consideration after French engineering group Alstom SA
on Saturday formally accepted a sweetened offer for its power-equipment unit.
Separately, Banco Santander
agreed to purchase GE Capital’s consumer-finance enterprise in Sweden, Denmark and Norway, the Spanish financial institution stated in a press release on Monday. Banco Santander’s consumer-finance unit will purchase the GE Money Bank AB enterprise for about 700 million euros ($952 million), with the deal anticipated to shut within the second half of 2014.
Harbinger Group Inc.
is getting ready to make a $1.1 billion bid for Central Garden & Pet Co.
, The Wall Street Journal reported, citing a supply accustomed to the matter. Harbinger, the holding firm led by hedge-funder Philip Falcone, disclosed a three.1% stake within the firm earlier this month.
is projected to report third-quarter earnings of 69 cents a share, in accordance to a consensus survey by FactSet.
“While we expect the company to deliver solid May quarter results, we look to the August quarter and beyond when the industry faces supply constraints in light of continued demand growth,” stated analyst Hans Mosesmann at Raymond James Equity Research in a current report. He additionally reiterate the inventory’s robust purchase score and raised the worth goal to $40 from $30.
is predicted to publish earnings of 29 cents a share within the third quarter. Mild spring climate and late arrival of summer time are doubtless to have weighed on the fast-food restaurant’s same-store gross sales within the quarter, in accordance to analyst Rachael Rothman at Susquehanna International Group.
and different leisure corporations are anticipated to be within the highlight as buyers await a Supreme Court ruling on the legality of Aereo that would come as early as Monday.
Aereo offers providers to permit subscribers to stream native over-the-air broadcasts to numerous digital units. Major broadcasters are arguing that Aereo violates their rights beneath federal copyright regulation.