Among the companies with shares expected to actively trade in
Monday's session are Target Corp. (TGT), Tyson Foods Inc. (TSN) and
Pfizer Inc. (PFE).
B/E Aerospace Inc. (BEAV) said over the weekend that it was
considering a possible sale or split as part of a strategic review,
canceling an investor meeting scheduled for Monday. Shares rose 11%
premarket.
The acquisition price for Nordion Inc. (NDZ) has been increased
50 cents to $12.25 a share. The other terms of the
agreement--struck with Sterigenics in March--remain unchanged,
Nordion said.
Orbitz Worldwide Inc. (OWW) posted a wider-than-expected
first-quarter loss, but revenue outpaced analysts' views. Shares
rose more than 10% in recent premarket trading.
Chinese Internet company Sina Corp. (SINA) said it was hit by a
$815,000 fine and received notices from the government that certain
licenses would be revoked over "unhealthy and indecent content."
The company separately said it expects first-quarter revenue and
adjusted per-share earnings that topped analysts' expectations.
Shares fell 3.4% premarket.
Watch List:
Warren Buffett-led Berkshire Hathaway Inc. (BRKA, BRKB) said
first-quarter profit fell, driven by lower net income at two of its
major businesses, a reinsurance unit and the Burlington Northern
Santa Fe railroad.
FedEx Corp. (FDX) said it would raise its freight-delivery fuel
surcharge for some deliveries and next year start charging for
ground delivery based on package volume for all packages.
Occidental Petroleum Corp. (OXY) said its first-quarter earnings
rose 2.6% as sales and production increased, led by the company's
oil-and-gas segment.
PetMed Express Inc. (PETS) said its fiscal fourth-quarter
earnings edged down 1.7% at the retail pet-pharmacy as severe
winter weather dented sales.
Pfizer said its first-quarter profit shrank 15% as the drug
maker posted weaker revenue in its two largest businesses. The
company didn't comment in its news release about its pursuit of
British pharmaceutical firm AstraZeneca PLC (AZN), other than to
note that because of rules in the U.K. Takeover Code, Pfizer isn't
permitted to confirm or update its bottom-line 2014 per-share
earnings guidance.
Sysco Corp. (SYY) said its earnings for the first three months
of the year fell 10% as higher expenses outpaced a rise in
revenue.
Target replaced Chief Executive Gregg Steinhafel as the retail
giant continues to contend with a massive data breach over the
holiday-shopping season.
Tyson Foods said its fiscal second-quarter profit more than
doubled as higher average prices buoyed sales, particularly in beef
and pork.
Write to Anna Prior at anna.prior@wsj.com
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